EUR/USD Technical Analysis: Squeeze higher seen testing 1.1450 and probably beyond

EUR/USD is now facing some headwinds just above the critical 1.1400 the figure.
After leaving behind the 200-day/week SMAs in the mid-1.1300s, the pair now seems to be ready to extend the up move to March tops in the mid-1.1400s mark and beyond.
This important hurdle is considered the last defence for a visit of 2019 highs in the 1.1550/70 band.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1389
Today Daily Change	27
Today Daily Change %	-0.08
Today daily open	1.1398

Trends
Daily SMA20	1.1251
Daily SMA50	1.1221
Daily SMA100	1.1261
Daily SMA200	1.1351

Levels
Previous Daily High	1.1404
Previous Daily Low	1.1367
Previous Weekly High	1.1378
Previous Weekly Low	1.1181
Previous Monthly High	1.1266
Previous Monthly Low	1.1107
Daily Fibonacci 38.2%	1.139
Daily Fibonacci 61.8%	1.1381
Daily Pivot Point S1	1.1376
Daily Pivot Point S2	1.1353
Daily Pivot Point S3	1.1339
Daily Pivot Point R1	1.1413
Daily Pivot Point R2	1.1427
Daily Pivot Point R3	1.145

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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