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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.

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

 

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