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EUR/USD Technical Analysis: Scope for a visit to yearly lows near 1.1020

  • EUR/USD remains entrenched into the negative territory and it has now breached the key support at 1.11 the figure.
  • In doing so, the pair has now exposed a potential move to the area of 2019 lows in the 1.1030/20 band.
  • Further down, the next relevant contention is expected to emerge at May 2017 low at 1.0839.

EUR/USD daily chart

EUR/USD

Overview
Today last price1.1081
Today Daily Change36
Today Daily Change %-0.23
Today daily open1.1107
 
Trends
Daily SMA201.1159
Daily SMA501.1233
Daily SMA1001.1222
Daily SMA2001.1292
Levels
Previous Daily High1.116
Previous Daily Low1.1092
Previous Weekly High1.1251
Previous Weekly Low1.1104
Previous Monthly High1.1373
Previous Monthly Low1.106
Daily Fibonacci 38.2%1.1117
Daily Fibonacci 61.8%1.1134
Daily Pivot Point S11.108
Daily Pivot Point S21.1052
Daily Pivot Point S31.1012
Daily Pivot Point R11.1147
Daily Pivot Point R21.1188
Daily Pivot Point R31.1215

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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