EUR/USD technical analysis: Bulls trying hard to lift the market towards 1.1180 level

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading in a bear trend below its main simple moving averages (SMAs).

EUR/USD 4-hour chart

EUR/USD is trading below its main SMAs suggesting a bearish momentum in the near term.

EUR/USD 30-minute chart

The market is trading above the 50 and 100 SMAs suggesting a consolidation in the short term. The next hurdle for bulls is 1.1180 resistance followed by 1.1200 the figure and 1.1220 level. On the flip side, a break below 1.1150 (Monday low) can lead to 1.1140 and 1.1110 (2019 low) on the way down.

Additional key levels

EUR/USD

Overview
Today last price	1.1172
Today Daily Change	0.0014
Today Daily Change %	0.13
Today daily open	1.1158

Trends
Daily SMA20	1.1195
Daily SMA50	1.1245
Daily SMA100	1.1311
Daily SMA200	1.1395

Levels
Previous Daily High	1.1186
Previous Daily Low	1.1154
Previous Weekly High	1.1264
Previous Weekly Low	1.1154
Previous Monthly High	1.1326
Previous Monthly Low	1.1111
Daily Fibonacci 38.2%	1.1166
Daily Fibonacci 61.8%	1.1174
Daily Pivot Point S1	1.1147
Daily Pivot Point S2	1.1135
Daily Pivot Point S3	1.1116
Daily Pivot Point R1	1.1178
Daily Pivot Point R2	1.1197
Daily Pivot Point R3	1.1209

Author

Flavio Tosti

Independent Analyst

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