EUR/USD Technical Analysis: Euro challenging last week highs as bulls eye the 1.1400 figure

Flavio Tosti Independent Analyst

EUR/USD daily chart

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

EUR/USD 4-hour chart

EUR/USD is trading between the 50 and 100 SMAs suggesting sideways action in the medium-term.

EUR/USD 30-minute chart

EUR/USD is trading above the main SMAs suggesting bullish momentum in the short-term.
The break above 1.1330 should lead to 1.1350 key resistance and 1.1400 figure in the coming sessions.
To the downside, support is seen at 1.1310 and 1.1280 level.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1334
    Today Daily change: 19 pips
    Today Daily change %: 0.17%
    Today Daily Open: 1.1315
Trends:
    Daily SMA20: 1.1368
    Daily SMA50: 1.1392
    Daily SMA100: 1.1402
    Daily SMA200: 1.1526
Levels:
    Previous Daily High: 1.1336
    Previous Daily Low: 1.1289
    Previous Weekly High: 1.1344
    Previous Weekly Low: 1.1234
    Previous Monthly High: 1.1586
    Previous Monthly Low: 1.1289
    Daily Fibonacci 38.2%: 1.1318
    Daily Fibonacci 61.8%: 1.1307
    Daily Pivot Point S1: 1.1291
    Daily Pivot Point S2: 1.1267
    Daily Pivot Point S3: 1.1245
    Daily Pivot Point R1: 1.1337
    Daily Pivot Point R2: 1.1359
    Daily Pivot Point R3: 1.1383

Author

Flavio Tosti

Independent Analyst

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