EUR/USD Price Analysis: Rising odds for a test of 1.1150 and above
by Pablo Piovano- EUR/USD has managed to reclaim the area above 1.1100.
- Immediately to the upside emerges the later March tops near 1.1150.
EUR/USD has quickly left behind the key 200-day SMA and is now trading at shouting distance from the key barrier in the 1.1150 region.
If the upside momentum intensifies, then the Fibo retracement at 1.1186 should emerge on the horizon ahead of the December 2019 peak near 1.1240.
While above the 200-day SMA, the outlook on the pair remains constructive.
EUR/USD
| Overview | |
|---|---|
| Today last price | 1.1136 |
| Today Daily Change | 77 |
| Today Daily Change % | 0.53 |
| Today daily open | 1.1077 |
| Trends | |
|---|---|
| Daily SMA20 | 1.0897 |
| Daily SMA50 | 1.0889 |
| Daily SMA100 | 1.0959 |
| Daily SMA200 | 1.1013 |
| Levels | |
|---|---|
| Previous Daily High | 1.1094 |
| Previous Daily Low | 1.0992 |
| Previous Weekly High | 1.1009 |
| Previous Weekly Low | 1.08 |
| Previous Monthly High | 1.1039 |
| Previous Monthly Low | 1.0727 |
| Daily Fibonacci 38.2% | 1.1055 |
| Daily Fibonacci 61.8% | 1.1031 |
| Daily Pivot Point S1 | 1.1015 |
| Daily Pivot Point S2 | 1.0953 |
| Daily Pivot Point S3 | 1.0913 |
| Daily Pivot Point R1 | 1.1117 |
| Daily Pivot Point R2 | 1.1156 |
| Daily Pivot Point R3 | 1.1218 |