EUR/USD Price Analysis: Potential visit to the 1.1150 region
by Pablo Piovano- The upside momentum in EUR/USD extends beyond the 1.10 mark.
- Further north emerges the later March tops near 1.1150.
EUR/USD is prolonging the upside on Wednesday above the 1.10 mark, recording at the same time fresh multi-week peaks around 1.1030.
The pair has left behind the critical 200-day SMA and in doing so it has opened the door to a potential move to the 1.1150 region, levels last seen in late March.
Above the 200-day SMA, the pair is expected to regain the constructive outlook.
EUR/USD daily chart
EUR/USD
| Overview | |
|---|---|
| Today last price | 1.1016 |
| Today Daily Change | 97 |
| Today Daily Change % | 0.31 |
| Today daily open | 1.0982 |
| Trends | |
|---|---|
| Daily SMA20 | 1.0884 |
| Daily SMA50 | 1.0879 |
| Daily SMA100 | 1.0961 |
| Daily SMA200 | 1.1013 |
| Levels | |
|---|---|
| Previous Daily High | 1.0996 |
| Previous Daily Low | 1.0892 |
| Previous Weekly High | 1.1009 |
| Previous Weekly Low | 1.08 |
| Previous Monthly High | 1.1039 |
| Previous Monthly Low | 1.0727 |
| Daily Fibonacci 38.2% | 1.0956 |
| Daily Fibonacci 61.8% | 1.0932 |
| Daily Pivot Point S1 | 1.0918 |
| Daily Pivot Point S2 | 1.0854 |
| Daily Pivot Point S3 | 1.0815 |
| Daily Pivot Point R1 | 1.1021 |
| Daily Pivot Point R2 | 1.106 |
| Daily Pivot Point R3 | 1.1124 |