EUR/USD technical analysis: Euro rolling into the Asian session above the 1.1000 handle

This Tuesday, Brexit optimism dragged the Euro back above the 1.1000 handle.
EUR/USD remains bullish above the 1.1000 handle.
On Wednesday, investors will be watching the Retail Sales Control Group in the United States (US).

Flavio Tosti Independent Analyst

EUR/USD daily chart

On the daily chart, the common currency is trading in a bear trend below the main daily simple moving averages (DSMAs). The Euro got an intraday boost on the back of optimism over a Brexit deal draft. On Wednesday, investors will be watching the Retail Sales Control Group in the United States (US).

EUR/USD four-hour chart

The Fiber is trading above its main SMAs, suggesting bullish momentum in the medium term. EUR/USD is consolidating last week’s gains above the 1.1000 handle and the 200 SMA. A bullish break above the 1.1067 resistance could expose the 1.1100 level, according to the Technical Confluences Indicator.

EUR/USD 30-minute chart

The Euro is trading above the main SMAs, suggesting bullish momentum in the near term. Support is seen at the 1.1020 and 1.1000 price levels. However, if prices close below 1.1000 on a daily basis, it could be a bearish sign in the near term.

Additional key levels

EUR/USD

Overview
Today last price	1.1035
Today Daily Change	0.0009
Today Daily Change %	0.08
Today daily open	1.1026

Trends
Daily SMA20	1.0986
Daily SMA50	1.1046
Daily SMA100	1.1141
Daily SMA200	1.1219

Levels
Previous Daily High	1.1043
Previous Daily Low	1.1013
Previous Weekly High	1.1063
Previous Weekly Low	1.0941
Previous Monthly High	1.111
Previous Monthly Low	1.0885
Daily Fibonacci 38.2%	1.1024
Daily Fibonacci 61.8%	1.1031
Daily Pivot Point S1	1.1011
Daily Pivot Point S2	1.0997
Daily Pivot Point S3	1.0981
Daily Pivot Point R1	1.1042
Daily Pivot Point R2	1.1057
Daily Pivot Point R3	1.1072

Author

Flavio Tosti

Independent Analyst

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