EUR/USD Technical Analysis: Extra pullbacks remain on the cards

EUR/USD is gradually grinding lower, putting the 1.1150 region under further pressure today.
The bearish view on the pair is expected to persist while below the multi-month resistance line at 1.1281 and the Fibo retracement of the 2019 drop at 1.1284.
Occasional bouts of buying interest are seen facing interim resistance in the 1.1180/85 band, where converge weekly highs and the 10-day/21-day SMAs.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1146
Today Daily Change	17
Today Daily Change %	-0.05
Today daily open	1.1152

Trends
Daily SMA20	1.1187
Daily SMA50	1.1237
Daily SMA100	1.1303
Daily SMA200	1.1392

Levels
Previous Daily High	1.1182
Previous Daily Low	1.1148
Previous Weekly High	1.1264
Previous Weekly Low	1.1154
Previous Monthly High	1.1326
Previous Monthly Low	1.1111
Daily Fibonacci 38.2%	1.1161
Daily Fibonacci 61.8%	1.117
Daily Pivot Point S1	1.114
Daily Pivot Point S2	1.1127
Daily Pivot Point S3	1.1106
Daily Pivot Point R1	1.1174
Daily Pivot Point R2	1.1195
Daily Pivot Point R3	1.1208

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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