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EURUSD Technical Analysis: Spot remains supported by 2018 low at 1.1215

ChuChu Rocket, Mon Feb 18, 2019 8:49 pm

EUR/USD Technical Analysis: Spot remains supported by 2018 low at 1.1215

  • EUR/USD managed to regain some buying interest after dropping to fresh 2019 lows at 1.1248 last Friday.
  • Extra pullbacks should face 2018 lows at 1.1216. As long as this level underpins, further rangebound and potential bullish attempts should not be ruled out.
  • Initial target is now at last week’s tops in the 1.1340 region. This resistance zone is reinforced by the Fibo retracement of the September-November drop at 1.1356.


Overview:
Today Last Price: 1.131
Today Daily change: 36 pips
Today Daily change %: 0.11%
Today Daily Open: 1.1298

Trends:
Daily SMA20: 1.1371
Daily SMA50: 1.1393
Daily SMA100: 1.1405
Daily SMA200: 1.1529

Levels:
Previous Daily High: 1.1312
Previous Daily Low: 1.1234
Previous Weekly High: 1.1344
Previous Weekly Low: 1.1234
Previous Monthly High: 1.1586
Previous Monthly Low: 1.1289
Daily Fibonacci 38.2%: 1.1282
Daily Fibonacci 61.8%: 1.1264
Daily Pivot Point S1: 1.1251
Daily Pivot Point S2: 1.1204
Daily Pivot Point S3: 1.1174
Daily Pivot Point R1: 1.1329
Daily Pivot Point R2: 1.1359
Daily Pivot Point R3: 1.1406

Source: https://www.fxstreet.com/news/eur-usd-t ... 1902180920
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