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EUR/USD Technical Analysis: the bullish attempt could test the 100-day SMA near 1.1120

  • EUR/USD has reversed the recent downside after testing fresh 3-week lows in the proximity of 1.1050 earlier today.
  • Initial and interim hurdle emerges at the 21-day SMA just below 1.1100 the figure ahead of the more relevant 100-day SMA at 1.1117.
  • A break above this area of resistance should expose once again the critical barrier at 1.1179, October’s peak.

EUR/USD daily chart

EUR/USD

Overview
Today last price1.1091
Today Daily Change37
Today Daily Change %0.20
Today daily open1.1069
 
Trends
Daily SMA201.1101
Daily SMA501.104
Daily SMA1001.1121
Daily SMA2001.1193
 
Levels
Previous Daily High1.1094
Previous Daily Low1.1064
Previous Weekly High1.1176
Previous Weekly Low1.1074
Previous Monthly High1.118
Previous Monthly Low1.0879
Daily Fibonacci 38.2%1.1076
Daily Fibonacci 61.8%1.1082
Daily Pivot Point S11.1058
Daily Pivot Point S21.1047
Daily Pivot Point S31.1029
Daily Pivot Point R11.1087
Daily Pivot Point R21.1105
Daily Pivot Point R31.1116

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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