- EUR/USD faces strong resistance in the 1.1870/80 band.
- A surpass of this zone could allow for another move above 1.19.
EUR/USD is once again approaching the key 1.1870/80 resistance area, extending at the same time the positive streak for the fifth session.
If cleared, the upside impetus should lift the pair to the 1.1900 neighbourhood and open the door to a probable test of the 2020 peaks near 1.1920.
On the other hand, another failure at this area could motivate EUR/USD to enter a consolidative phase, likely between 1.1690 and 1.1880.
EUR/USD daily chart
EUR/USD
| OVERVIEW | |
|---|---|
| Today last price | 1.1856 |
| Today Daily Change | 40 |
| Today Daily Change % | 0.12 |
| Today daily open | 1.1842 |
| TRENDS | |
|---|---|
| Daily SMA20 | 1.1735 |
| Daily SMA50 | 1.1468 |
| Daily SMA100 | 1.1199 |
| Daily SMA200 | 1.1124 |
| LEVELS | |
|---|---|
| Previous Daily High | 1.185 |
| Previous Daily Low | 1.1782 |
| Previous Weekly High | 1.1864 |
| Previous Weekly Low | 1.1711 |
| Previous Monthly High | 1.1909 |
| Previous Monthly Low | 1.1185 |
| Daily Fibonacci 38.2% | 1.1824 |
| Daily Fibonacci 61.8% | 1.1808 |
| Daily Pivot Point S1 | 1.1799 |
| Daily Pivot Point S2 | 1.1756 |
| Daily Pivot Point S3 | 1.173 |
| Daily Pivot Point R1 | 1.1868 |
| Daily Pivot Point R2 | 1.1894 |
| Daily Pivot Point R3 | 1.1937 |
Reprinted from fxstreet , the copyrights all reserved by the original author.
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