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EUR/USD technical analysis: Euro drifting down to daily lows near 1.1245

  • EUR/USD is trading at daily lows below 1.1263 resistance. 
  • The level to beat for bears are 1.1245 and 1.1220.


EUR/USD daily chart


 
EUR/USD is trading in a bear trend below the 1.1300 figure and the 100/200 daily simple moving averages (DSMAs).

EUR/USD 4-hour chart

EUR/USD is trading below 1.1263 resistance and its main SMAs. The level to beat for bears is 1.1245 followed by 1.1220, according to the Technical Confluences Indicator.


EUR/USD 30-minute chart

EUR/USD is trading at daily lows below its 100 and 50 SMAs, suggesting potential weakness. Immediate resistances are seen at 1.1263 and 1.1274, according to the Technical Confluences Indicator.

Additional key levels

EUR/USD

Overview
Today last price1.1245
Today Daily Change-0.0009
Today Daily Change %-0.08
Today daily open1.1254
 
Trends
Daily SMA201.1296
Daily SMA501.1229
Daily SMA1001.1262
Daily SMA2001.1344
Levels
Previous Daily High1.1286
Previous Daily Low1.1245
Previous Weekly High1.1373
Previous Weekly Low1.1207
Previous Monthly High1.1414
Previous Monthly Low1.116
Daily Fibonacci 38.2%1.1271
Daily Fibonacci 61.8%1.1261
Daily Pivot Point S11.1237
Daily Pivot Point S21.122
Daily Pivot Point S31.1196
Daily Pivot Point R11.1279
Daily Pivot Point R21.1303
Daily Pivot Point R31.132

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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