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EUR/USD Technical Analysis: Room for a move to 2019 lows near 1.1020

  • EUR/USD is struggling for direction in the lower bound of the weekly range near 1.1070.
  • Occasional bullish attempts are expected to fail in the 1.1141/45 band, where are located the 21-day and 10-day SMAs.
  • While below the 55-day SMA at 1.1224, a deeper pullback to, initially 2019 lows at 1.1026 remains well on the table.

EUR/USD daily chart

EUR/USD

Overview
Today last price1.1078
Today Daily Change17
Today Daily Change %0.00
Today daily open1.1078
 
Trends
Daily SMA201.1146
Daily SMA501.1223
Daily SMA1001.1219
Daily SMA2001.129
Levels
Previous Daily High1.1114
Previous Daily Low1.1076
Previous Weekly High1.1232
Previous Weekly Low1.1066
Previous Monthly High1.1373
Previous Monthly Low1.106
Daily Fibonacci 38.2%1.1091
Daily Fibonacci 61.8%1.1099
Daily Pivot Point S11.1065
Daily Pivot Point S21.1052
Daily Pivot Point S31.1027
Daily Pivot Point R11.1103
Daily Pivot Point R21.1127
Daily Pivot Point R31.114

Author

Pablo Piovano

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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