- EUR/USD continues to grind lower this week, accelerating the downside to the mid-1.1400s after break below the critical support at 1.1500 the figure .
- Immediate contention should emerge at October’s low at 1.1430 ahead of the 200-week SMA, today at 1.1322.
- The continuation of the down move is expected to meet the so far 2018 low at 1.1299 (August 15).
EUR/USD
Overview:
Last Price: 1.1447
Daily change: -84 pips
Daily change: -0.728%
Daily Open: 1.1531
Trends:
Daily SMA20: 1.1583
Daily SMA50: 1.1582
Daily SMA100: 1.1624
Daily SMA200: 1.1911
Levels:
Daily High: 1.154
Daily Low: 1.1531
Weekly High: 1.1611
Weekly Low: 1.143
Monthly High: 1.1816
Monthly Low: 1.1526
Daily Fibonacci 38.2%: 1.1479
Daily Fibonacci 61.8%: 1.1498
Daily Pivot Point S1: 1.1425
Daily Pivot Point S2: 1.1398
Daily Pivot Point S3: 1.1347
Daily Pivot Point R1: 1.1504
Daily Pivot Point R2: 1.1556
Daily Pivot Point R3: 1.1583
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