EUR/USD Technical Analysis: The 1.1100 region keeps capping the upside

EUR/USD has regained some poise after recent tops in the 1.0990 region, advancing afterwards to the 1.1070 area, where it lost some impetus.
The 1.1100 neighbourhood, coincident with last week’s tops and the 3-month resistance line remains a key barrier for extra gains.
A clear of this region on a sustainable fashion should alleviate downside pressure and refocus the trade to the 55-day SMA at 1.1129 and late August peak at 1.1163.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1058
Today Daily Change	24
Today Daily Change %	-0.14
Today daily open	1.1074

Trends
Daily SMA20	1.1049
Daily SMA50	1.1124
Daily SMA100	1.1181
Daily SMA200	1.1258

Levels
Previous Daily High	1.1076
Previous Daily Low	1.099
Previous Weekly High	1.111
Previous Weekly Low	1.0927
Previous Monthly High	1.1251
Previous Monthly Low	1.0962
Daily Fibonacci 38.2%	1.1043
Daily Fibonacci 61.8%	1.1023
Daily Pivot Point S1	1.1018
Daily Pivot Point S2	1.0961
Daily Pivot Point S3	1.0932
Daily Pivot Point R1	1.1103
Daily Pivot Point R2	1.1132
Daily Pivot Point R3	1.1188

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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