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EUR/USD technical analysis: Fiber breaks above 1.1263 within its daily range

  • EUR/USD breaks above 1.1263 opening the doors to 1.1274 resistance.
  • The level to beat for sellers is 1.1245 followed by 1.1220.

EUR/USD daily chart

EUR/USD is in a bear trend below the 1.1300 handle and its 200-day simple moving averages (DSMAs). The market is trading just above the 100 SMA.

EUR/USD 4-hour chart

EUR/USD broke above 1.1263 resistance opening the doors to 1.1274 resistance, according to the Technical Confluences Indicator.


EUR/USD 30-minute chart

EUR/USD is trading above its main SMAs suggesting bullish momentum in the near term. If bears want to retake control they would need a beak below 1.1245 support followed by 1.1220.


Additional key levels

EUR/USD

Overview
Today last price1.1261
Today Daily Change0.0007
Today Daily Change %0.06
Today daily open1.1254
 
Trends
Daily SMA201.1298
Daily SMA501.123
Daily SMA1001.1262
Daily SMA2001.1341
Levels
Previous Daily High1.1286
Previous Daily Low1.1245
Previous Weekly High1.1373
Previous Weekly Low1.1207
Previous Monthly High1.1414
Previous Monthly Low1.116
Daily Fibonacci 38.2%1.1271
Daily Fibonacci 61.8%1.1261
Daily Pivot Point S11.1237
Daily Pivot Point S21.122
Daily Pivot Point S31.1196
Daily Pivot Point R11.1279
Daily Pivot Point R21.1303
Daily Pivot Point R31.132

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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