EUR/USD Price Analysis: Remains consolidative below 1.0900

EUR/USD comes under pressure but remains bolstered by 1.0800.
Next on the upside emerges the key barrier at 1.0900 the figure.

Pablo Piovano FXStreet

EUR/USD fades the initial test of the 1.0860 region and returns to the negative territory on Friday.

Extra range bound mood looks likely for the time being, while the surpass of the so far YTD top at 1.0887 (January 18) should rapidly allow a move to the round level at 1.0900.

While above the short-term support line near 1.0620, extra gains should remain in store for the pair.

In the longer run, the constructive view remains unchanged while above the 200-day SMA at 1.0307.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.0815
Today Daily Change	57
Today Daily Change %	-0.13
Today daily open	1.0829

Trends
Daily SMA20	1.0699
Daily SMA50	1.0561
Daily SMA100	1.0223
Daily SMA200	1.031

Levels
Previous Daily High	1.084
Previous Daily Low	1.0782
Previous Weekly High	1.0868
Previous Weekly Low	1.0639
Previous Monthly High	1.0736
Previous Monthly Low	1.0393
Daily Fibonacci 38.2%	1.0818
Daily Fibonacci 61.8%	1.0804
Daily Pivot Point S1	1.0794
Daily Pivot Point S2	1.0759
Daily Pivot Point S3	1.0736
Daily Pivot Point R1	1.0852
Daily Pivot Point R2	1.0875
Daily Pivot Point R3	1.091

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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