EUR/USD Technical Analysis: The pair still targets 2019 lows in the 1.1180 region

Spot came under renewed selling pressure on Wednesday and tested fresh weekly lows in the 1.1250/40 band.
Extra retracements are therefore likely and now target the yearly lows in the 1.1180/75 band.
In the broader picture, the negative outlook on EUR/USD is seen unchanged while below the 5-month resistance line, today at 1.1401.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1283
Today Daily Change	44
Today Daily Change %	0.15
Today daily open	1.1266

Trends
Daily SMA20	1.1317
Daily SMA50	1.1347
Daily SMA100	1.1366
Daily SMA200	1.1476

Levels
Previous Daily High	1.1328
Previous Daily Low	1.1263
Previous Weekly High	1.1448
Previous Weekly Low	1.1273
Previous Monthly High	1.1489
Previous Monthly Low	1.1234
Daily Fibonacci 38.2%	1.1288
Daily Fibonacci 61.8%	1.1303
Daily Pivot Point S1	1.1244
Daily Pivot Point S2	1.1222
Daily Pivot Point S3	1.118
Daily Pivot Point R1	1.1308
Daily Pivot Point R2	1.135
Daily Pivot Point R3	1.1372

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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