EUR/USD Technical Analysis: Resistance line at 1.1403 continues to cap the upside

  • The pair remains in a consolidative mode so far this week following another failed attempt to break above the 1.1400 handle in past sessions.
  • EUR/USD continues to face strong resistance in the 1.1400 neighbourhood. This area is now reinforced by the short-term resistance line at 1.1403.
  • Immediate hurdle remains at recent peaks in the 1.1410/20 band ahead of the more relevant 1.1470/80 area.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
    Today Last Price: 1.1375
    Today Daily change: -7.0 pips
    Today Daily change %: -0.0615%
    Today Daily Open: 1.1382
Trends:
    Previous Daily SMA20: 1.1349
    Previous Daily SMA50: 1.1421
    Previous Daily SMA100: 1.1518
    Previous Daily SMA200: 1.1746
Levels:
    Previous Daily High: 1.1413
    Previous Daily Low: 1.1321
    Previous Weekly High: 1.1402
    Previous Weekly Low: 1.1267
    Previous Monthly High: 1.15
    Previous Monthly Low: 1.1216
    Previous Daily Fibonacci 38.2%: 1.1378
    Previous Daily Fibonacci 61.8%: 1.1356
    Previous Daily Pivot Point S1: 1.1331
    Previous Daily Pivot Point S2: 1.128
    Previous Daily Pivot Point S3: 1.124
    Previous Daily Pivot Point R1: 1.1423
    Previous Daily Pivot Point R2: 1.1464
    Previous Daily Pivot Point R3: 1.1515

 

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