- Spot is advancing for the second session in a row today, adding to Wednesday’s gains and managing well to keep the trade around 1.1400 the figure for the time being.
- Tuesday’s bearish ‘outside day’ still remains in play, although the pair needs to regain recent tops around 1.1470 and above to allow for a re-test of the 1.1500 neighbourhood.
- On the downside, the 1.1369/52 band should offer initial support, where converge weekly lows and the 21-, 10-day SMAs.
EUR/USD daily chart
Overview:
Last Price: 1.1402
Daily change: 19 pips
Daily change: 0.167%
Daily Open: 1.1383
Trends:
Daily SMA20: 1.1368
Daily SMA50: 1.1499
Daily SMA100: 1.1555
Daily SMA200: 1.1802
Levels:
Daily High: 1.1426
Daily Low: 1.1364
Weekly High: 1.142
Weekly Low: 1.1216
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.1402
Daily Fibonacci 61.8%: 1.1387
Daily Pivot Point S1: 1.1356
Daily Pivot Point S2: 1.1329
Daily Pivot Point S3: 1.1294
Daily Pivot Point R1: 1.1418
Daily Pivot Point R2: 1.1453
Daily Pivot Point R3: 1.148
Source: https://www.fxstreet.com/news/eur-usd-t ... 1811220900
