EUR/USD Technical Analysis: Making an early run at 1.1300

The EUR/USD once again finds itself rising into the 200-period moving average ahead of the European market session as Fiber bulls try to reclaim the 1.1300 major handle.

Joshua Gibson FXStreet

EUR/USD, 5-Minute

Going back over the past two weeks, the Fiber looks set to begin breaking into a fresh bear run after Tuesday's trading sent the EUR/USD into recent lows after the near-term saw a fresh high above 1.1450.

EUR/USD, 1-Hour

Butting heads with the 200-period moving average is popular for the EUR/USD, with November's highs near 1.1475 getting soundly rejected from the major indicators, and medium-term resistance is building in from the 50-moving average currently resting at 1.1350.

EUR/USD, 4-Hour

EUR/USD

Overview:
    Today Last Price: 1.1302
    Today Daily change: 6.0 pips
    Today Daily change %: 0.0531%
    Today Daily Open: 1.1296
Trends:
    Previous Daily SMA20: 1.1362
    Previous Daily SMA50: 1.1473
    Previous Daily SMA100: 1.154
    Previous Daily SMA200: 1.178
Levels:
    Previous Daily High: 1.1346
    Previous Daily Low: 1.1277
    Previous Weekly High: 1.1473
    Previous Weekly Low: 1.1328
    Previous Monthly High: 1.1625
    Previous Monthly Low: 1.1302
    Previous Daily Fibonacci 38.2%: 1.1303
    Previous Daily Fibonacci 61.8%: 1.1319
    Previous Daily Pivot Point S1: 1.1267
    Previous Daily Pivot Point S2: 1.1238
    Previous Daily Pivot Point S3: 1.1199
    Previous Daily Pivot Point R1: 1.1336
    Previous Daily Pivot Point R2: 1.1375
    Previous Daily Pivot Point R3: 1.1404

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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