EUR/USD Technical Analysis: Upside stalled near the 100-day SMA

The march north in EUR/USD appears to have met a tough resistance in the 1.1450 region, where sits the key 100-day SMA.
Extra gains need the pair to clear this area on a sustainable note. The 1.1500 neighbourhood should then emerges as the next target.
In the meantime, the constructive outlook in the pair should remain unchanged while underpinned by the 1.1290 area, where coincide YTD lows and the short-term support line.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview:
    Today Last Price: 1.1432
    Today Daily change: -0.0001 pips
    Today Daily change %: -0.01%
    Today Daily Open: 1.1433
Trends:
    Daily SMA20: 1.1415
    Daily SMA50: 1.1391
    Daily SMA100: 1.1448
    Daily SMA200: 1.1571
Levels:
    Previous Daily High: 1.1451
    Previous Daily Low: 1.1411
    Previous Weekly High: 1.1418
    Previous Weekly Low: 1.1289
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Daily Fibonacci 38.2%: 1.1436
    Daily Fibonacci 61.8%: 1.1427
    Daily Pivot Point S1: 1.1412
    Daily Pivot Point S2: 1.1392
    Daily Pivot Point S3: 1.1372
    Daily Pivot Point R1: 1.1453
    Daily Pivot Point R2: 1.1472
    Daily Pivot Point R3: 1.1493

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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