- EUR/USD has resumed the upside and flirts with 1.1800.
- Further gains could now extend to the 2020 high beyond 1.19.
Following an ephemeral test of the sub-1.17 area on Monday, EUR/USD has now regained buying interest and clinched tops in the 1.18 neighbourhood, although losing some impetus soon afterwards.
The pair looks firmer and there is now room for another visit to the YTD peaks just above 1.19 mark ahead of the psychological yardstick at 1.2000.
Looking at the broader picture, as long as the 200-day SMA, today at 1.1093, holds the downside, further gains in EUR/USD remains well on the table.
EUR/USD daily chart
EUR/USD
| OVERVIEW | |
|---|---|
| Today last price | 1.1788 |
| Today Daily Change | 54 |
| Today Daily Change % | 0.22 |
| Today daily open | 1.1762 |
| TRENDS | |
|---|---|
| Daily SMA20 | 1.153 |
| Daily SMA50 | 1.135 |
| Daily SMA100 | 1.1115 |
| Daily SMA200 | 1.1092 |
| LEVELS | |
|---|---|
| Previous Daily High | 1.1797 |
| Previous Daily Low | 1.1696 |
| Previous Weekly High | 1.1909 |
| Previous Weekly Low | 1.1642 |
| Previous Monthly High | 1.1909 |
| Previous Monthly Low | 1.1185 |
| Daily Fibonacci 38.2% | 1.1734 |
| Daily Fibonacci 61.8% | 1.1758 |
| Daily Pivot Point S1 | 1.1706 |
| Daily Pivot Point S2 | 1.1651 |
| Daily Pivot Point S3 | 1.1605 |
| Daily Pivot Point R1 | 1.1807 |
| Daily Pivot Point R2 | 1.1853 |
| Daily Pivot Point R3 | 1.1909 |
Reprinted from fxstreet , the copyrights all reserved by the original author.
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