EUR/USD Technical Analysis: Outlook remains negative while below the support line at 1.1157

EUR/USD remains depressed and it has recently broken below last week’s low at 1.1051.
Immediately to the downside now emerges the YTD low at 1.1026 (August 1) ahead of the 1.0840 region, May 2017 lows.
Looking at the broader picture, as long as the immediate support line - today at 1.1157 - caps the upside, extra losses should stay well on the table in the near term.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1039
Today Daily Change	27
Today Daily Change %	-0.17
Today daily open	1.1058

Trends
Daily SMA20	1.1131
Daily SMA50	1.1197
Daily SMA100	1.1207
Daily SMA200	1.1279

Levels
Previous Daily High	1.1094
Previous Daily Low	1.1042
Previous Weekly High	1.1154
Previous Weekly Low	1.1052
Previous Monthly High	1.1373
Previous Monthly Low	1.106
Daily Fibonacci 38.2%	1.1062
Daily Fibonacci 61.8%	1.1074
Daily Pivot Point S1	1.1035
Daily Pivot Point S2	1.1013
Daily Pivot Point S3	1.0984
Daily Pivot Point R1	1.1087
Daily Pivot Point R2	1.1116
Daily Pivot Point R3	1.1138

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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