- EUR/USD drops further and reached new monthly lows near 1.0750.
- Immediately to the downside is located the 2020 low at 1.0635.
EUR/USD is now seeing some recovery after bottoming out in fresh monthly lows in the 1.0730/25 band.
If the sellers remain in control, then the YTD low at 1.0635 (March 23) should become the next target of relevance.
The downside pressure is expected to ebb a tad on a surpass of recent tops in the 1.0990/1.1000 band.
EUR/USD daily chart
|Today last price||1.0785|
|Today Daily Change||71|
|Today Daily Change %||0.07|
|Today daily open||1.0777|
|Previous Daily High||1.0847|
|Previous Daily Low||1.0756|
|Previous Weekly High||1.0991|
|Previous Weekly Low||1.0812|
|Previous Monthly High||1.1497|
|Previous Monthly Low||1.0636|
|Daily Fibonacci 38.2%||1.0791|
|Daily Fibonacci 61.8%||1.0812|
|Daily Pivot Point S1||1.074|
|Daily Pivot Point S2||1.0703|
|Daily Pivot Point S3||1.0649|
|Daily Pivot Point R1||1.083|
|Daily Pivot Point R2||1.0884|
|Daily Pivot Point R3||1.0921|
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