EUR/USD Technical Analysis: The pair faces strong resistance in the 1.1360/1.1400 band

The pair continues its march north unabated so far this week, although it faces a tough resistance in the 1.1360/1.1400 band.
In this area of resistance coincide the 21-, 55- and 100-day SMAs, all ahead of the short-term resistance line, today at 1.1483 .
In case the offered bias resumes, the 10-day SMA at 1.1309 emerges as the initial support ahead of YTD lows in the 1.1235/30 band.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview:
    Today Last Price: 1.1356
    Today Daily change: 43 pips
    Today Daily change %: 0.14%
    Today Daily Open: 1.134
Trends:
    Daily SMA20: 1.1366
    Daily SMA50: 1.1392
    Daily SMA100: 1.1399
    Daily SMA200: 1.1521
Levels:
    Previous Daily High: 1.1373
    Previous Daily Low: 1.1325
    Previous Weekly High: 1.1344
    Previous Weekly Low: 1.1234
    Previous Monthly High: 1.1586
    Previous Monthly Low: 1.1289
    Daily Fibonacci 38.2%: 1.1343
    Daily Fibonacci 61.8%: 1.1354
    Daily Pivot Point S1: 1.1319
    Daily Pivot Point S2: 1.1298
    Daily Pivot Point S3: 1.1272
    Daily Pivot Point R1: 1.1367
    Daily Pivot Point R2: 1.1393
    Daily Pivot Point R3: 1.1414

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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