EUR/USD Technical Analysis: The 100-day SMA at 1.1440 holds the downside

EUR/USD has sparked a correction lower after being once again rejected from levels beyond 1.1500 the figure on Thursday.
The 1.1440 region, where sits the 100-day SMA is acting as interim support ahead of the 21-day SMA at 1.1423.
In the broader picture, the neutral/bullish view on the pair remains in place as long as the 1.1290/85 band underpins.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview:
    Today Last Price: 1.1446
    Today Daily change: 0.0001 pips
    Today Daily change %: 0.01%
    Today Daily Open: 1.1445
Trends:
    Daily SMA20: 1.1424
    Daily SMA50: 1.1394
    Daily SMA100: 1.1444
    Daily SMA200: 1.1564
Levels:
    Previous Daily High: 1.1516
    Previous Daily Low: 1.1436
    Previous Weekly High: 1.1418
    Previous Weekly Low: 1.1289
    Previous Monthly High: 1.1586
    Previous Monthly Low: 1.1289
    Daily Fibonacci 38.2%: 1.1466
    Daily Fibonacci 61.8%: 1.1485
    Daily Pivot Point S1: 1.1415
    Daily Pivot Point S2: 1.1386
    Daily Pivot Point S3: 1.1336
    Daily Pivot Point R1: 1.1495
    Daily Pivot Point R2: 1.1545
    Daily Pivot Point R3: 1.1575

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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