- The pair is prolonging the upside momentum and looks to consolidate above the critical 1.1200 barrier.
- The initial hurdle of relevance emerges in the 1.1270 region, coincident with last week’s tops and the 55-day SMA. The downside pressure is expected to mitigate above this region.
- Looking at the broader picture, another move lower to the 1.1100 neighbourhood remains on the cards as long as the multi-month resistance line, today at 1.1317, caps the upside.
|Today last price||1.1195|
|Today Daily Change||28|
|Today Daily Change %||-0.04|
|Today daily open||1.12|
|Previous Daily High||1.1211|
|Previous Daily Low||1.1172|
|Previous Weekly High||1.1266|
|Previous Weekly Low||1.1135|
|Previous Monthly High||1.1326|
|Previous Monthly Low||1.1111|
|Daily Fibonacci 38.2%||1.1196|
|Daily Fibonacci 61.8%||1.1187|
|Daily Pivot Point S1||1.1177|
|Daily Pivot Point S2||1.1155|
|Daily Pivot Point S3||1.1139|
|Daily Pivot Point R1||1.1216|
|Daily Pivot Point R2||1.1232|
|Daily Pivot Point R3||1.1254|
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