EUR/USD Technical Analysis: The pair stays negative and is now focused on 1.1118, June 2017 lows

The better tone in the greenback forced the pair to shed further ground and to print new yearly lows in the 1.1140 region.
The bearish outlook remains well and sound as long as the 6-month resistance line, today at 1.1336, caps the upside.
A deeper pullback is on the cards with immediate target at June 2017 low at 1.1118.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1151
Today Daily Change	26
Today Daily Change %	-0.04
Today daily open	1.1156

Trends
Daily SMA20	1.1244
Daily SMA50	1.129
Daily SMA100	1.1343
Daily SMA200	1.1432

Levels
Previous Daily High	1.1229
Previous Daily Low	1.1141
Previous Weekly High	1.1324
Previous Weekly Low	1.1224
Previous Monthly High	1.1448
Previous Monthly Low	1.1176
Daily Fibonacci 38.2%	1.1175
Daily Fibonacci 61.8%	1.1196
Daily Pivot Point S1	1.1121
Daily Pivot Point S2	1.1086
Daily Pivot Point S3	1.1032
Daily Pivot Point R1	1.121
Daily Pivot Point R2	1.1264
Daily Pivot Point R3	1.1299

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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