EUR/USD Price Analysis: Rising bets for a test of 1.1400 and beyond

  • EUR/USD managed to visit the mid-1.1300s on Tuesday.
  • Further north is located the next hurdle at June’s top at 1.1422.

The recovery in EUR/USD from the 1.1170 region seems to have met an important resistance at so far weekly peaks near 1.1350 on Tuesday.

If the bull run picks up serious pace, then there is the palpable chance of another visit of monthly peaks in the 1.1420/25 band (June 10th).

As long as the 200-day SMA at 1.1030 holds the downside, further gains in the pair are well on the table.

EUR/USD daily chart


Today last price 1.13
Today Daily Change 57
Today Daily Change % -0.07
Today daily open 1.1308
Daily SMA20 1.1235
Daily SMA50 1.1016
Daily SMA100 1.0992
Daily SMA200 1.1032
Previous Daily High 1.1348
Previous Daily Low 1.1233
Previous Weekly High 1.1353
Previous Weekly Low 1.1168
Previous Monthly High 1.1145
Previous Monthly Low 1.0767
Daily Fibonacci 38.2% 1.1304
Daily Fibonacci 61.8% 1.1277
Daily Pivot Point S1 1.1245
Daily Pivot Point S2 1.1181
Daily Pivot Point S3 1.1129
Daily Pivot Point R1 1.136
Daily Pivot Point R2 1.1412
Daily Pivot Point R3 1.1476



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