EUR/USD Price Analysis: The hunt for the 2023 peak

EUR/USD advances to new highs near 1.1100.
The surpass of 1.1095 exposes 1.1184 near term.

Pablo Piovano FXStreet

EUR/USD gathers further steam and puts the 2023 top around 1.1090 to the test on Wednesday.

The surpass of the 2023 high at 1.1095 (April 26) should rapidly visit the round level at 1.1100 ahead of the weekly top at 1.1184 (March 31 2022).

Looking at the longer run, the positive view remains unchanged while above the 200-day SMA, today at 1.0635.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1084
Today Daily Change	100
Today Daily Change %	0.68
Today daily open	1.1009

Trends
Daily SMA20	1.0923
Daily SMA50	1.086
Daily SMA100	1.0836
Daily SMA200	1.0632

Levels
Previous Daily High	1.1027
Previous Daily Low	1.0977
Previous Weekly High	1.0973
Previous Weekly Low	1.0834
Previous Monthly High	1.1012
Previous Monthly Low	1.0662
Daily Fibonacci 38.2%	1.1008
Daily Fibonacci 61.8%	1.0996
Daily Pivot Point S1	1.0981
Daily Pivot Point S2	1.0954
Daily Pivot Point S3	1.0931
Daily Pivot Point R1	1.1032
Daily Pivot Point R2	1.1055
Daily Pivot Point R3	1.1082

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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