EUR/USD Price Analysis: Solid support remains at 1.1170


  • 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

EUR/USD

Overview
Today last price 1.1231
Today Daily Change 30
Today Daily Change % -0.08
Today daily open 1.124
 
Trends
Daily SMA20 1.1265
Daily SMA50 1.107
Daily SMA100 1.1013
Daily SMA200 1.104
 
Levels
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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