EUR/USD Technical Analysis: Small rebound near 1.1200 as Euro trades near multi-month’s lows

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA).
EUR/USD took a dive after the long Easter weekend.

EUR/USD 4-hour chart

EUR/USD is consolidating the recent losses just above the 1.1200 figure.

EUR/USD 30-minute chart

EUR/USD is trading below its main SMAs suggesting a bearish momentum in the short-term.
Bears want to continue the move down towards 1.1180/60 support as bulls will attempt to support the market above the 1.1200 figure.
Resistances to the upside are seen at 1.1230/50 and 1.1280 level.

Additional key levels

EUR/USD

Overview
Today last price	1.1212
Today Daily Change	-0.0045
Today Daily Change %	-0.40
Today daily open	1.1257

Trends
Daily SMA20	1.125
Daily SMA50	1.1294
Daily SMA100	1.1346
Daily SMA200	1.1436

Levels
Previous Daily High	1.1264
Previous Daily Low	1.1236
Previous Weekly High	1.1324
Previous Weekly Low	1.1224
Previous Monthly High	1.1448
Previous Monthly Low	1.1176
Daily Fibonacci 38.2%	1.1253
Daily Fibonacci 61.8%	1.1247
Daily Pivot Point S1	1.124
Daily Pivot Point S2	1.1223
Daily Pivot Point S3	1.1211
Daily Pivot Point R1	1.1269
Daily Pivot Point R2	1.1281
Daily Pivot Point R3	1.1298

Author

Flavio Tosti

Independent Analyst

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