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EUR/USD Price Analysis: The surpass of 1.0900 should expose 1.0945

- EUR/USD extends the trade in the upper end of the range near 1.0880 .

- Next on the upside emerges the weekly top of 1.0945.

EUR/USD adds to Thursday’s small gains and flirts with the key 1.0880 region at the end of the week.

The continuation of the upward bias could challenge the immediate up-barrier at 1.0900 ahead of the weekly high of 1.0945 (August 30). Once the latter is cleared, spot could challenge the psychological threshold of 1.1000.

So far, while above the significant 200-day SMA, today at 1.0804, the pair’s outlook should remain constructive.

EUR/USD daily chart

EUR/USD

Overview
Today last price1.0874
Today Daily Change40
Today Daily Change %0.26
Today daily open1.0846
 
Trends
Daily SMA201.067
Daily SMA501.0629
Daily SMA1001.0792
Daily SMA2001.0804
 
Levels
Previous Daily High1.0896
Previous Daily Low1.083
Previous Weekly High1.0756
Previous Weekly Low1.0656
Previous Monthly High1.0695
Previous Monthly Low1.0448
Daily Fibonacci 38.2%1.0871
Daily Fibonacci 61.8%1.0855
Daily Pivot Point S11.0819
Daily Pivot Point S21.0792
Daily Pivot Point S31.0754
Daily Pivot Point R11.0885
Daily Pivot Point R21.0923
Daily Pivot Point R31.095

Author

Pablo Piovano

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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