EUR/USD Technical Analysis: A breakdown of 1.1200 remains well on the cards


  • EUR/USD has intensified the leg lower and so far met decent contention in the 1.1200 neighbourhood, or weekly lows.
  • A break below the 1.1200 handle should see July low at 1.1193 re-tested ahead of June 18 low at 1.1181.
  • In the meantime, the pair’s outlook stay negative while below the key 200-day SMA at 1.1320.

EUR/USD daily chart

EUR/USD

Overview
Today last price 1.1209
Today Daily Change 18
Today Daily Change % -0.01
Today daily open 1.121
 
Trends
Daily SMA20 1.129
Daily SMA50 1.1244
Daily SMA100 1.1253
Daily SMA200 1.1323
Levels
Previous Daily High 1.1266
Previous Daily Low 1.1202
Previous Weekly High 1.1286
Previous Weekly Low 1.1193
Previous Monthly High 1.1414
Previous Monthly Low 1.116
Daily Fibonacci 38.2% 1.1226
Daily Fibonacci 61.8% 1.1241
Daily Pivot Point S1 1.1186
Daily Pivot Point S2 1.1162
Daily Pivot Point S3 1.1122
Daily Pivot Point R1 1.125
Daily Pivot Point R2 1.129
Daily Pivot Point R3 1.1314

 

 

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