EUR/USD technical analysis: Euro decelerating near daily lows

EUR/USD is retracing down in the near term.
Looking down, the next supports in line are at 1.1340 and 1.1310.

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading above its main daily simple moving averages (DSMAs) suggesting that the bull trend is at risk.

EUR/USD 4-hour chart

The market broke below 1.1380 support. The market is set to decline towards the next support at 1.1340 and 1.1310.

EUR/USD 30-minute chart

EUR/USD is weakening below 1.1380 resistance and the main SMAs suggesting a retracement down in the near term. According to the Technical Confluences Indicator, resistances are at the 1.1380 level and 1.1400 figure.

Additional key levels

EUR/USD

Overview
Today last price	1.1351
Today Daily Change	-0.0017
Today Daily Change %	-0.15
Today daily open	1.1368

Trends
Daily SMA20	1.1262
Daily SMA50	1.1222
Daily SMA100	1.1261
Daily SMA200	1.1349

Levels
Previous Daily High	1.1414
Previous Daily Low	1.1344
Previous Weekly High	1.1378
Previous Weekly Low	1.1181
Previous Monthly High	1.1266
Previous Monthly Low	1.1107
Daily Fibonacci 38.2%	1.1371
Daily Fibonacci 61.8%	1.1388
Daily Pivot Point S1	1.1336
Daily Pivot Point S2	1.1305
Daily Pivot Point S3	1.1266
Daily Pivot Point R1	1.1407
Daily Pivot Point R2	1.1446
Daily Pivot Point R3	1.1477

Author

Flavio Tosti

Independent Analyst

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