EUR/USD Technical Analysis: Initial resistance emerged at the 3-month resistance line above 1.1100


  • EUR/USD is prolonging the post-ECB rebound on Friday, managing to retake the key barrier at 1.1100 the figure and above.
  • The upside has so far tested and failed at the 3-month resistance line at 1.1108.
  • Above this area the downside pressure should subside somewhat and allow for a move higher to the more relevant 1.1142/63 band, where coincide the 55-day SMA and late August top.

EUR/USD daily chart

EUR/USD

Overview
Today last price 1.1096
Today Daily Change 54
Today Daily Change % 0.36
Today daily open 1.1056
 
Trends
Daily SMA20 1.1055
Daily SMA50 1.1134
Daily SMA100 1.1185
Daily SMA200 1.1263
Levels
Previous Daily High 1.1087
Previous Daily Low 1.0927
Previous Weekly High 1.1085
Previous Weekly Low 1.0926
Previous Monthly High 1.1251
Previous Monthly Low 1.0962
Daily Fibonacci 38.2% 1.1026
Daily Fibonacci 61.8% 1.0988
Daily Pivot Point S1 1.096
Daily Pivot Point S2 1.0863
Daily Pivot Point S3 1.0799
Daily Pivot Point R1 1.112
Daily Pivot Point R2 1.1184
Daily Pivot Point R3 1.128

 

 

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