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EUR/USD Price Analysis: Upside now looks to the 1.1350 zone

  • EUR/USD is adding to Friday’s gains and approaches the 1.1300 level.
  • The pair stays well supported near 1.1170 in the short-term.

EUR/USD is attempting to break above the recent consolidative pattern and looks to break the 1.13 hurdle on a more convincing fashion.

That said, there is an interim hurdle in the mid-1.1300s ahead of June peaks in the vicinity of 1.1420.

In the broader view, EUR/USD’s positive stance remains unchanged while above the 200-day SMA, today at 1.1039.

EUR/USD daily chart

EUR/USD

Overview
Today last price1.1292
Today Daily Change62
Today Daily Change %0.38
Today daily open1.1249
 
Trends
Daily SMA201.1262
Daily SMA501.1078
Daily SMA1001.1017
Daily SMA2001.1042
 
Levels
Previous Daily High1.1253
Previous Daily Low1.1219
Previous Weekly High1.1303
Previous Weekly Low1.1185
Previous Monthly High1.1422
Previous Monthly Low1.1097
Daily Fibonacci 38.2%1.124
Daily Fibonacci 61.8%1.1232
Daily Pivot Point S11.1228
Daily Pivot Point S21.1207
Daily Pivot Point S31.1194
Daily Pivot Point R11.1261
Daily Pivot Point R21.1274
Daily Pivot Point R31.1295

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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