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EUR/USD technical analysis: Fiber dipping to daily lows near 1.1280

  • The level to beat for bears is 1.1280. 
  • EUR/USD is testing the 50 SMA on the 4-hour chart.


EUR/USD daily chart

EUR/USD is trading in a bear trend below its 200 simple moving average (SMA). The market is testing the 100 SMA at 1.1273. 

EUR/USD 4-hour chart
 

The market is currently testing the 50 SMA. 


EUR/USD 30-minute chart

The market is under bearish pressure below 1.1300 and its main SMAs. A slide below 1.1280 can lead to 1.1250 and 1.1200 to the downside. Resistance is seen at 1.1300 and 1.1340. 


Additional key levels

EUR/USD

Overview
Today last price1.1279
Today Daily Change-0.0008
Today Daily Change %-0.07
Today daily open1.1287
 
Trends
Daily SMA201.1212
Daily SMA501.1219
Daily SMA1001.1274
Daily SMA2001.1365
Levels
Previous Daily High1.1344
Previous Daily Low1.1282
Previous Weekly High1.1348
Previous Weekly Low1.116
Previous Monthly High1.1266
Previous Monthly Low1.1107
Daily Fibonacci 38.2%1.1306
Daily Fibonacci 61.8%1.1321
Daily Pivot Point S11.1265
Daily Pivot Point S21.1242
Daily Pivot Point S31.1203
Daily Pivot Point R11.1327
Daily Pivot Point R21.1367
Daily Pivot Point R31.1389

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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