- EUR/USD remains under pressure in the 1.0800 neighbourhood.
- Interim hurdle emerges at the resistance line at 1.0885.
EUR/USD is prolonging the consolidative note in the lower end of the monthly range at the beginning of this week.
While further consolidation looks likely in the very near-term, a move lower to test monthly lows in the 1.0770/65 band remains well on the table in the short-term horizon.
On the upside, occasional bullish attempt should meet an interim barrier at the short-term resistance line at 1.0885 ahead of last week’s tops in levels just shy of 1.0900 the figure.
EUR/USD daily chart
|Today last price||1.0814|
|Today Daily Change||29|
|Today Daily Change %||-0.06|
|Today daily open||1.0821|
|Previous Daily High||1.0851|
|Previous Daily Low||1.0789|
|Previous Weekly High||1.0897|
|Previous Weekly Low||1.0775|
|Previous Monthly High||1.1039|
|Previous Monthly Low||1.0727|
|Daily Fibonacci 38.2%||1.0827|
|Daily Fibonacci 61.8%||1.0813|
|Daily Pivot Point S1||1.0789|
|Daily Pivot Point S2||1.0758|
|Daily Pivot Point S3||1.0727|
|Daily Pivot Point R1||1.0852|
|Daily Pivot Point R2||1.0882|
|Daily Pivot Point R3||1.0914|
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