EUR/USD Technical Analysis: Further upside could see 1.1165 retested in the near term

The quick upside in EUR/USD on Thursday has failed ahead of the key 100-day SMA in the 1.1140 region.
The 100-day SMA, today at 1.1137, should offer initial resistance ahead of the potential test of late August top at 1.1165.
If the buying impetus picks up extra pace, then the critical 200-day SMA at 1.1209 should return to the radar.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1129
Today Daily Change	18
Today Daily Change %	0.04
Today daily open	1.1124

Trends
Daily SMA20	1.099
Daily SMA50	1.1039
Daily SMA100	1.1139
Daily SMA200	1.1212

Levels
Previous Daily High	1.114
Previous Daily Low	1.1065
Previous Weekly High	1.1063
Previous Weekly Low	1.0941
Previous Monthly High	1.111
Previous Monthly Low	1.0885
Daily Fibonacci 38.2%	1.1112
Daily Fibonacci 61.8%	1.1094
Daily Pivot Point S1	1.1079
Daily Pivot Point S2	1.1034
Daily Pivot Point S3	1.1004
Daily Pivot Point R1	1.1154
Daily Pivot Point R2	1.1185
Daily Pivot Point R3	1.123

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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