EUR/USD Technical Analysis: Euro challenges the 1.1350 level to the downside

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading in a bear trend below its 200-day simple moving averages (SMA).
As discussed, the break of 1.1380 support lead the market to the 1.1350 level.

EUR/USD 4-hour chart

EUR/USD is trading below its main SMAs as the market created a doji bar in the last hours of trading.

EUR/USD 30-minute chart

Bears broke below the 1.1380 level to find support at 1.1350.
Bulls are likely to recapture 1.1380, 1.1420 and 1.1460 to the upside.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1365
    Today Daily change: -0.0026 pips
    Today Daily change %: -0.23%
    Today Daily Open: 1.1391
Trends:
    Daily SMA20: 1.1429
    Daily SMA50: 1.1385
    Daily SMA100: 1.1465
    Daily SMA200: 1.1609
Levels:
    Previous Daily High: 1.1406
    Previous Daily Low: 1.137
    Previous Weekly High: 1.1571
    Previous Weekly Low: 1.1396
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Daily Fibonacci 38.2%: 1.1384
    Daily Fibonacci 61.8%: 1.1393
    Daily Pivot Point S1: 1.1372
    Daily Pivot Point S2: 1.1353
    Daily Pivot Point S3: 1.1336
    Daily Pivot Point R1: 1.1409
    Daily Pivot Point R2: 1.1426
    Daily Pivot Point R3: 1.1445

Author

Flavio Tosti

Independent Analyst

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