EUR/USD technical analysis: Euro consolidating gains below 1.1400 resistance

EUR/USD is turning bullish above its main daily simple moving averages.
The level to beat for bulls is the 1.1420 resistance.

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading above its main daily simple moving averages suggesting that the trend is turning bullish.

EUR/USD 4-hour chart

The market is trading above its main SMAs suggesting bullish momentum. The market is finding some resistance at the 1.1400 level. The correction down can potentially extend to 1.1340 and 1.1310 support, according to the Technical Confluences Indicator.

EUR/USD 30-minute chart

EUR/USD is trading above its main SMAs suggesting a bullish bias in the near term. According to the Technical Confluences Indicator, resistances are at 1.1400, 1.1420 and 1.1440 levels.

Additional key levels

EUR/USD

Overview
Today last price	1.1384
Today Daily Change	0.0015
Today Daily Change %	0.13
Today daily open	1.1369

Trends
Daily SMA20	1.1241
Daily SMA50	1.1219
Daily SMA100	1.1262
Daily SMA200	1.1352

Levels
Previous Daily High	1.1378
Previous Daily Low	1.1282
Previous Weekly High	1.1378
Previous Weekly Low	1.1181
Previous Monthly High	1.1266
Previous Monthly Low	1.1107
Daily Fibonacci 38.2%	1.1342
Daily Fibonacci 61.8%	1.1319
Daily Pivot Point S1	1.1308
Daily Pivot Point S2	1.1247
Daily Pivot Point S3	1.1212
Daily Pivot Point R1	1.1404
Daily Pivot Point R2	1.1439
Daily Pivot Point R3	1.15

Author

Flavio Tosti

Independent Analyst

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