EUR/USD Technical Analysis: The up move was rejected in the 1.1180 region

EUR/USD met some selling pressure in the 1.1180 region, or new 2-month peaks recorded at the beginning of the week. This area of resistance is also reinforced by a Fibo retracement of the 2017-2018 rally at 1.1186.
The near term bullish view, however, remains well in play while above the 55-day SMA in the mid-1.10s.
If the buying impetus picks up extra pace, then the critical 200-day SMA at 1.1206 should return to the radar.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.114
Today Daily Change	23
Today Daily Change %	-0.09
Today daily open	1.115

Trends
Daily SMA20	1.1006
Daily SMA50	1.1037
Daily SMA100	1.1138
Daily SMA200	1.1209

Levels
Previous Daily High	1.118
Previous Daily Low	1.1138
Previous Weekly High	1.1063
Previous Weekly Low	1.0941
Previous Monthly High	1.111
Previous Monthly Low	1.0885
Daily Fibonacci 38.2%	1.1154
Daily Fibonacci 61.8%	1.1164
Daily Pivot Point S1	1.1132
Daily Pivot Point S2	1.1115
Daily Pivot Point S3	1.1091
Daily Pivot Point R1	1.1173
Daily Pivot Point R2	1.1197
Daily Pivot Point R3	1.1215

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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