EUR/USD Technical Analysis: A visit to 2019 low at 1.1176 remains on the cards

The pair is recovering part of the ground lost during last week and is now looking to regain the mid-1.1200s amidst broad-based USD weakness.
EUR/USD is now facing the next significant at 1.1337, where sits the critical 200-week SMA.
Despite the ongoing rebound, the view on spot remains negative in the longer run while below the key 6-month resistance line, today at 1.1396.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1246
Today Daily Change	30
Today Daily Change %	0.25
Today daily open	1.1218

Trends
Daily SMA20	1.1296
Daily SMA50	1.1337
Daily SMA100	1.1361
Daily SMA200	1.147

Levels
Previous Daily High	1.1248
Previous Daily Low	1.1209
Previous Weekly High	1.1332
Previous Weekly Low	1.1209
Previous Monthly High	1.1448
Previous Monthly Low	1.1176
Daily Fibonacci 38.2%	1.1224
Daily Fibonacci 61.8%	1.1233
Daily Pivot Point S1	1.1203
Daily Pivot Point S2	1.1187
Daily Pivot Point S3	1.1165
Daily Pivot Point R1	1.1241
Daily Pivot Point R2	1.1263
Daily Pivot Point R3	1.1279

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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