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EUR/USD Price Analysis: Next on the upside comes 1.1000

- EUR/USD extends the bullish move to the 1.0960 zone.

- Extra advances could revisit the 1.1000 threshold.

EUR/USD climbs for the third session in a row and revisits the 1.0960 zone, or monthly highs, on Monday.

The continuation of the upward bias could see the psychological threshold of 1.1000 revisited ahead of the August top of 1.1064 (August 10).

So far, while above the significant 200-day SMA, today at 1.0810, the pair’s outlook should remain constructive.

EUR/USD daily chart

EUR/USD

Overview
Today last price1.0954
Today Daily Change33
Today Daily Change %0.08
Today daily open1.0945
 
Trends
Daily SMA201.0768
Daily SMA501.0654
Daily SMA1001.0792
Daily SMA2001.0811
 
Levels
Previous Daily High1.0949
Previous Daily Low1.0895
Previous Weekly High1.0965
Previous Weekly Low1.0852
Previous Monthly High1.0695
Previous Monthly Low1.0448
Daily Fibonacci 38.2%1.0928
Daily Fibonacci 61.8%1.0915
Daily Pivot Point S11.091
Daily Pivot Point S21.0876
Daily Pivot Point S31.0857
Daily Pivot Point R11.0964
Daily Pivot Point R21.0983
Daily Pivot Point R31.1017

Author

Pablo Piovano

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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