- EUR/USD has reversed the initial pessimism and is now near 1.1190.
- Immediately to the upside emerges 1.1213 ahead of 1.1239.
EUR/USD has once again tested levels beyond 1.1200 the figure (Wednesday) although it failed to close above this key barrier. Recent bearish attempts met decent contention in the 1.1100 area, where coincide the 200-day SMA.
There is room for the continuation of the rally as long as the pair trades above the key 55-day SMA, today at 1.1037.
That said, the next target of relevance should emerge at the weekly tops at 1.1213 ahead of the December top at 1.1239.
EUR/USD daily chart
|Today last price||1.1183|
|Today Daily Change||70|
|Today Daily Change %||0.41|
|Today daily open||1.1137|
|Previous Daily High||1.1188|
|Previous Daily Low||1.1096|
|Previous Weekly High||1.1053|
|Previous Weekly Low||1.0805|
|Previous Monthly High||1.1089|
|Previous Monthly Low||1.0778|
|Daily Fibonacci 38.2%||1.1131|
|Daily Fibonacci 61.8%||1.1152|
|Daily Pivot Point S1||1.1093|
|Daily Pivot Point S2||1.1048|
|Daily Pivot Point S3||1.1|
|Daily Pivot Point R1||1.1185|
|Daily Pivot Point R2||1.1232|
|Daily Pivot Point R3||1.1277|
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