- EUR/USD keeps the tight range unchanged ahead of key data.
- Extra gains seen above tops in the 1.2260/70 region.
EUR/USD remains choppy and recedes from Wednesday’s highs beyond 1.2200 the figure.
Further north of 1.2200 should meet the 1.2260/70 band, area coincident with the resistance line off the March low. A clear of this zone should expose a potential move to the 1.2300 neighbourhood in the short-term horizon.
On the broader view, the constructive stance on EUR/USD is forecast to remain intact as long as it trades above the 200-day SMA, today at 1.1985.
EUR/USD daily chart
|Today last price||1.2174|
|Today Daily Change||27|
|Today Daily Change %||-0.06|
|Today daily open||1.2181|
|Previous Daily High||1.2218|
|Previous Daily Low||1.2171|
|Previous Weekly High||1.2254|
|Previous Weekly Low||1.2104|
|Previous Monthly High||1.2266|
|Previous Monthly Low||1.1986|
|Daily Fibonacci 38.2%||1.22|
|Daily Fibonacci 61.8%||1.2189|
|Daily Pivot Point S1||1.2162|
|Daily Pivot Point S2||1.2143|
|Daily Pivot Point S3||1.2115|
|Daily Pivot Point R1||1.2209|
|Daily Pivot Point R2||1.2237|
|Daily Pivot Point R3||1.2256|
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