- EUR/USD extends the bounce to the vicinity of the 1.0900 mark.
- Next on the upside emerge January lows and the 10-day SMA at 1.1016.
EUR/USD is prolonging the recovery sustained by the renewed offered bias in the greenback.
Further upside thus remains well on the cards, with the immediate target emerging in the 1.0990 zone, where is located the January low.
If the buying pressure accelerates its pace, the 55-day SMA, today at 1.1016, should return to the investors’ radar.
EUR/USD daily chart
|Today last price||1.0853|
|Today Daily Change||163|
|Today Daily Change %||1.17|
|Today daily open||1.0727|
|Previous Daily High||1.0828|
|Previous Daily Low||1.0636|
|Previous Weekly High||1.1237|
|Previous Weekly Low||1.0638|
|Previous Monthly High||1.1089|
|Previous Monthly Low||1.0778|
|Daily Fibonacci 38.2%||1.0755|
|Daily Fibonacci 61.8%||1.0709|
|Daily Pivot Point S1||1.0633|
|Daily Pivot Point S2||1.0539|
|Daily Pivot Point S3||1.0442|
|Daily Pivot Point R1||1.0825|
|Daily Pivot Point R2||1.0922|
|Daily Pivot Point R3||1.1016|
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