- EUR/USD is adding to Thursday’s losses and trades near 1.1230.
- The pair stays well supported near 1.1170 in the near-term.
EUR/USD is prolonging the consolidative move at/above the 1.1200 mark at the end of the week.
There is a tough support in the 1.1170/65 band. A breach of this area of contention could morph into a deeper retracement to the 200-day SMA, today ay 1.1037.
In the meantime, while above the latter, the constructive view is expected to remain well in place around EUR/USD.
EUR/USD daily chart
|Today last price||1.1231|
|Today Daily Change||30|
|Today Daily Change %||-0.08|
|Today daily open||1.124|
|Previous Daily High||1.1303|
|Previous Daily Low||1.1224|
|Previous Weekly High||1.1348|
|Previous Weekly Low||1.1169|
|Previous Monthly High||1.1422|
|Previous Monthly Low||1.1097|
|Daily Fibonacci 38.2%||1.1254|
|Daily Fibonacci 61.8%||1.1272|
|Daily Pivot Point S1||1.1208|
|Daily Pivot Point S2||1.1176|
|Daily Pivot Point S3||1.1129|
|Daily Pivot Point R1||1.1287|
|Daily Pivot Point R2||1.1334|
|Daily Pivot Point R3||1.1366|
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