EUR/USD Technical Analysis: a break above 1.1180 should pave the way for a test of the 200-day SMA

The upside in EUR/USD continues to struggle in the proximity of monthly peaks in the 1.1180 region.
A break above this area should put the critical 200-day SMA just below 1.1200 the figure back on the investors’ radar.
On the broader view, while above recent lows in the 1.1070 region, the immediate bullish stance remains unchanged. This area is also reinforced by the proximity of the 55-day SMA in the 1.1040 region.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1144
Today Daily Change	25
Today Daily Change %	-0.09
Today daily open	1.1154

Trends
Daily SMA20	1.1074
Daily SMA50	1.104
Daily SMA100	1.1125
Daily SMA200	1.1199

Levels
Previous Daily High	1.1176
Previous Daily Low	1.1132
Previous Weekly High	1.1063
Previous Weekly Low	1.0941
Previous Monthly High	1.118
Previous Monthly Low	1.0879
Daily Fibonacci 38.2%	1.1159
Daily Fibonacci 61.8%	1.1148
Daily Pivot Point S1	1.1131
Daily Pivot Point S2	1.1109
Daily Pivot Point S3	1.1087
Daily Pivot Point R1	1.1176
Daily Pivot Point R2	1.1198
Daily Pivot Point R3	1.122

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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