EUR/USD Price Analysis: Next on the upside aligns 1.1370

EUR/USD is adding to Friday’s gains well above the 1.13 mark.
Further north is located 1.1370, last week’s peak.

Pablo Piovano FXStreet

EUR/USD is prolonging the rebound from Friday’s lows near 1.1250 and is gaining around a cent to the 1.1335/40 band on Monday.

Monday’s price action has opened the door to a probable move to the 1.1400 mark and the June’s high at 1.1422 in the short-term horizon.

Further out, as long as the 200-day SMA, today at 1.1048, holds the downside, further gains in EUR/USD remains well on the table.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1334
Today Daily Change	38
Today Daily Change %	0.30
Today daily open	1.13

Trends
Daily SMA20	1.1259
Daily SMA50	1.1119
Daily SMA100	1.1042
Daily SMA200	1.1051

Levels
Previous Daily High	1.1325
Previous Daily Low	1.1255
Previous Weekly High	1.1371
Previous Weekly Low	1.1243
Previous Monthly High	1.1422
Previous Monthly Low	1.1097
Daily Fibonacci 38.2%	1.1298
Daily Fibonacci 61.8%	1.1282
Daily Pivot Point S1	1.1262
Daily Pivot Point S2	1.1224
Daily Pivot Point S3	1.1192
Daily Pivot Point R1	1.1332
Daily Pivot Point R2	1.1363
Daily Pivot Point R3	1.1402

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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