EUR/USD Technical Analysis: Downside risk below 1.1360 level as bears are taking the lead


EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).
  • EUR/USD is currently trapped between the 1.1300 and 1.1400 levels.

EUR/USD 4-hour chart

  • EUR/USD is trading in a neutral range but the downside risk is increasing. 

EUR/USD 30-minute chart

  • Once again, EUR/USD bumped into the 1.1360 resistance and the 200 SMA.
  • Failure to break above the level should lead to a slow grind to 1.1320 and possibly to 1.1280 by early Friday.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.135
    Today Daily change: 12 pips
    Today Daily change %: 0.106%
    Today Daily Open: 1.1338
Trends:
    Previous Daily SMA20: 1.1353
    Previous Daily SMA50: 1.1434
    Previous Daily SMA100: 1.1523
    Previous Daily SMA200: 1.1755
Levels:
    Previous Daily High: 1.1419
    Previous Daily Low: 1.1318
    Previous Weekly High: 1.1402
    Previous Weekly Low: 1.1267
    Previous Monthly High: 1.15
    Previous Monthly Low: 1.1216
    Previous Daily Fibonacci 38.2%: 1.1357
    Previous Daily Fibonacci 61.8%: 1.138
    Previous Daily Pivot Point S1: 1.1298
    Previous Daily Pivot Point S2: 1.1258
    Previous Daily Pivot Point S3: 1.1197
    Previous Daily Pivot Point R1: 1.1398
    Previous Daily Pivot Point R2: 1.1459
    Previous Daily Pivot Point R3: 1.1499

 

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