EUR/USD Technical Analysis: The pair stays supported around the 55-day SMA near 1.1380

EUR/USD stays under pressure around the 1.1400 handle so far today, coming down after testing fresh tops in the 1.1580/85 band, where sits the 61.8% Fibo retracement of the September-November drop.
Further consolidation thus appears likely in the short-term horizon as long as the 55-day SMA around 1.1380 holds the downside.
On the upside, the key 100-day SMA at 1.1470 emerges as the interim hurdle ahead of more relevant levels at/above 1.1500 the figure.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview:
    Today Last Price: 1.1416
    Today Daily change: 3.0 pips
    Today Daily change %: 0.0263%
    Today Daily Open: 1.1413
Trends:
    Previous Daily SMA20: 1.1432
    Previous Daily SMA50: 1.1385
    Previous Daily SMA100: 1.1471
    Previous Daily SMA200: 1.1619
Levels:
    Previous Daily High: 1.1491
    Previous Daily Low: 1.1382
    Previous Weekly High: 1.1571
    Previous Weekly Low: 1.1396
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1424
    Previous Daily Fibonacci 61.8%: 1.145
    Previous Daily Pivot Point S1: 1.1366
    Previous Daily Pivot Point S2: 1.1319
    Previous Daily Pivot Point S3: 1.1257
    Previous Daily Pivot Point R1: 1.1476
    Previous Daily Pivot Point R2: 1.1538
    Previous Daily Pivot Point R3: 1.1585

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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