EUR/USD Technical Analysis: Bears driving the market towards daily lows

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA).

EUR/USD 4-hour chart

EUR/USD is trading above the main SMAs suggesting a bullish bias in the medium-term.

EUR/USD 30-minute chart

EUR/USD is trading below the 50 and 100 SMAs suggesting a correction down in the short-term.
The current break below 1.1300 should lead to 1.1280 and 1.1250 to the downside.
Key resistance is at 1.1330 followed by 1.1360 level.

Additional key levels

EUR/USD

Overview
Today last price	1.1291
Today Daily Change	-0.0013
Today Daily Change %	-0.12
Today daily open	1.1304

Trends
Daily SMA20	1.1273
Daily SMA50	1.1302
Daily SMA100	1.135
Daily SMA200	1.1447

Levels
Previous Daily High	1.1322
Previous Daily Low	1.1298
Previous Weekly High	1.1326
Previous Weekly Low	1.1213
Previous Monthly High	1.1448
Previous Monthly Low	1.1176
Daily Fibonacci 38.2%	1.1307
Daily Fibonacci 61.8%	1.1312
Daily Pivot Point S1	1.1293
Daily Pivot Point S2	1.1284
Daily Pivot Point S3	1.1269
Daily Pivot Point R1	1.1317
Daily Pivot Point R2	1.1331
Daily Pivot Point R3	1.1341

Author

Flavio Tosti

Independent Analyst

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