EUR/USD Technical Analysis: Rising odds for a visit to 2019 lows in the 1.1100 neighbourhood

The pair is trying some consolidation in the lower bound of the range in the mid-1.1100s so far this week.
The lack of meaningful upside traction exposes EUR/USD to further downside, where YTD low in the 1.1100 area emerges as the immediate support of relevance.
While the negative stance is expected to persist below the multi-month resistance line at 1.1278, occasional bullish attempts should meet interim hurdle at the 55-day SMA at 1.1237.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1153
Today Daily Change	17
Today Daily Change %	-0.08
Today daily open	1.1162

Trends
Daily SMA20	1.1187
Daily SMA50	1.1241
Daily SMA100	1.1305
Daily SMA200	1.1393

Levels
Previous Daily High	1.1188
Previous Daily Low	1.1142
Previous Weekly High	1.1264
Previous Weekly Low	1.1154
Previous Monthly High	1.1326
Previous Monthly Low	1.1111
Daily Fibonacci 38.2%	1.1159
Daily Fibonacci 61.8%	1.117
Daily Pivot Point S1	1.114
Daily Pivot Point S2	1.1117
Daily Pivot Point S3	1.1093
Daily Pivot Point R1	1.1187
Daily Pivot Point R2	1.1211
Daily Pivot Point R3	1.1233

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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