EUR/USD Technical Analysis: Rising odds for a new visit to 1.1181/76

EUR/USD is losing further ground during the first half of the week and is now threatening to test the key contention band at 1.1181/76.
A break below this support region should pave the way for a test of 2019 lows in the 1.1100 neighbourhood.
In the meantime, the pair needs to regain recent highs in the 1.1280/90 band to mitigate downside pressure and attempt a test of the critical barrier in the 200-day SMA at 1.1313.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1194
Today Daily Change	25
Today Daily Change %	-0.15
Today daily open	1.1211

Trends
Daily SMA20	1.1272
Daily SMA50	1.1246
Daily SMA100	1.1248
Daily SMA200	1.1317

Levels
Previous Daily High	1.1226
Previous Daily Low	1.1206
Previous Weekly High	1.1286
Previous Weekly Low	1.12
Previous Monthly High	1.1414
Previous Monthly Low	1.116
Daily Fibonacci 38.2%	1.1214
Daily Fibonacci 61.8%	1.1218
Daily Pivot Point S1	1.1203
Daily Pivot Point S2	1.1195
Daily Pivot Point S3	1.1183
Daily Pivot Point R1	1.1222
Daily Pivot Point R2	1.1233
Daily Pivot Point R3	1.1241

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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