EUR/USD Technical Analysis: rising odds for a test of 1.1000 (and below)

EUR/USD remains under pressure and is now flirting with the key 55-day SMA in the 1.1040 region.
A breach of this key area of contention should pave the way for a move to the psychological support at 1.1000 the figure in the short-term horizon.
Further south aligns the 1.0920 region ahead of the 2019 low at 1.0879.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1046
Today Daily Change	12
Today Daily Change %	0.00
Today daily open	1.1046

Trends
Daily SMA20	1.1102
Daily SMA50	1.104
Daily SMA100	1.1119
Daily SMA200	1.1191

Levels
Previous Daily High	1.1092
Previous Daily Low	1.1036
Previous Weekly High	1.1176
Previous Weekly Low	1.1074
Previous Monthly High	1.118
Previous Monthly Low	1.0879
Daily Fibonacci 38.2%	1.1057
Daily Fibonacci 61.8%	1.107
Daily Pivot Point S1	1.1024
Daily Pivot Point S2	1.1002
Daily Pivot Point S3	1.0968
Daily Pivot Point R1	1.108
Daily Pivot Point R2	1.1114
Daily Pivot Point R3	1.1136

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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