EUR/USD Technical Analysis: 1.1200 support holds - Can 1.1270 be next ?

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading in a bear trend below its main simple moving average (SMAs).
EUR/USD is rebounding from the 1.1100 level.

EUR/USD 4-hour chart

EUR/USD is trading above its 50 SMA.

EUR/USD 30-minute chart

EUR/USD correction to 1.1200 support held as the correction up seems not to be over just yet.
If bulls can break above 1.1230, this can lead to a move up to 1.1270 resistance.
Alternatively, a bearish break below 1.1200 can lead to a drop towards 1.1170 and 1.1140 level.

Additional key levels

EUR/USD

Overview
Today last price	1.1214
Today Daily Change	0.0028
Today Daily Change %	0.25
Today daily open	1.1186

Trends
Daily SMA20	1.1235
Daily SMA50	1.1281
Daily SMA100	1.1336
Daily SMA200	1.1424

Levels
Previous Daily High	1.1188
Previous Daily Low	1.1144
Previous Weekly High	1.1264
Previous Weekly Low	1.1111
Previous Monthly High	1.1448
Previous Monthly Low	1.1176
Daily Fibonacci 38.2%	1.1172
Daily Fibonacci 61.8%	1.1161
Daily Pivot Point S1	1.1157
Daily Pivot Point S2	1.1129
Daily Pivot Point S3	1.1113
Daily Pivot Point R1	1.1201
Daily Pivot Point R2	1.1217
Daily Pivot Point R3	1.1245

Author

Flavio Tosti

Independent Analyst

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