- EUR/USD is recovering part of the ground lost on Wednesday to the 1.1290/80 band.
- Further consolidation around current levels carries the potential to morph into the inability of the pair to convincingly break above recent tops in the mid-1.1300s and motivate sellers to return to the markets.
- This view is reinforced by Wednesday’s bearish ‘outside day’.
- On the upside, the next hurdle of significance is t he 200-day SMA, today at 1.1362.
|Today last price||1.1295|
|Today Daily Change||13|
|Today Daily Change %||0.07|
|Today daily open||1.1287|
|Previous Daily High||1.1344|
|Previous Daily Low||1.1282|
|Previous Weekly High||1.1348|
|Previous Weekly Low||1.116|
|Previous Monthly High||1.1266|
|Previous Monthly Low||1.1107|
|Daily Fibonacci 38.2%||1.1306|
|Daily Fibonacci 61.8%||1.1321|
|Daily Pivot Point S1||1.1265|
|Daily Pivot Point S2||1.1242|
|Daily Pivot Point S3||1.1203|
|Daily Pivot Point R1||1.1327|
|Daily Pivot Point R2||1.1367|
|Daily Pivot Point R3||1.1389|
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