- Spot briefly pierced the 1.1300 support on Wednesday, although it has managed to reclaim that level later in the day, where it is now looking to stabilize.
- Extra downside is expected to meet YTD lows in the vicinity of 1.1230 ahead of 2018 low at 1.1216 seen in late November.
- On the broader picture, EUR/USD is seen negative while below the 5-month resistance line at 1.1450.
EUR/USD daily chart
Today Last Price: 1.1312
Today Daily change: 14 pips
Today Daily change %: 0.01%
Today Daily Open: 1.1311
Trends:
Daily SMA20: 1.1331
Daily SMA50: 1.1387
Daily SMA100: 1.1381
Daily SMA200: 1.1504
Levels:
Previous Daily High: 1.1326
Previous Daily Low: 1.1285
Previous Weekly High: 1.1422
Previous Weekly Low: 1.1328
Previous Monthly High: 1.1489
Previous Monthly Low: 1.1234
Daily Fibonacci 38.2%: 1.131
Daily Fibonacci 61.8%: 1.1301
Daily Pivot Point S1: 1.1289
Daily Pivot Point S2: 1.1267
Daily Pivot Point S3: 1.1249
Daily Pivot Point R1: 1.1329
Daily Pivot Point R2: 1.1348
Daily Pivot Point R3: 1.1369
Source: https://www.fxstreet.com/news/eur-usd-t ... 1903070845
