EUR/USD Price Analysis: The surpass of 1.0900 should expose 1.0945

Pablo Piovano FXStreet

- EUR/USD extends the trade in the upper end of the range near 1.0880 .

- Next on the upside emerges the weekly top of 1.0945.

EUR/USD adds to Thursday’s small gains and flirts with the key 1.0880 region at the end of the week.

The continuation of the upward bias could challenge the immediate up-barrier at 1.0900 ahead of the weekly high of 1.0945 (August 30). Once the latter is cleared, spot could challenge the psychological threshold of 1.1000.

So far, while above the significant 200-day SMA, today at 1.0804, the pair’s outlook should remain constructive.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.0874
Today Daily Change	40
Today Daily Change %	0.26
Today daily open	1.0846

Trends
Daily SMA20	1.067
Daily SMA50	1.0629
Daily SMA100	1.0792
Daily SMA200	1.0804

Levels
Previous Daily High	1.0896
Previous Daily Low	1.083
Previous Weekly High	1.0756
Previous Weekly Low	1.0656
Previous Monthly High	1.0695
Previous Monthly Low	1.0448
Daily Fibonacci 38.2%	1.0871
Daily Fibonacci 61.8%	1.0855
Daily Pivot Point S1	1.0819
Daily Pivot Point S2	1.0792
Daily Pivot Point S3	1.0754
Daily Pivot Point R1	1.0885
Daily Pivot Point R2	1.0923
Daily Pivot Point R3	1.095

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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