14 Nov 2018
EUR/USD Technical Analysis: Spot looks vulnerable and still targets 1.1188
- The pair rebounded from recent 2018 lows in the vicinity of 1.1210 on Tuesday to the 1.1320 region, where sellers stepped in once again and drove spot lower.
- Despite the bounce, EUR/USD remain fragile and still eyes a test of 1.1188, a Fibo retracement of the 2017-2018 up move.
- On the upside, interim hurdle now aligns at yesterday’s peak at 1.1320 ahead of 1.1355 (10-day SMA) and 1.1389 (21-day SMA).
EUR/USD daily chart
EUR/USD
Overview:
Last Price: 1.1267
Daily change: -18 pips
Daily change: -0.160%
Daily Open: 1.1285
Trends:
Daily SMA20: 1.1394
Daily SMA50: 1.1527
Daily SMA100: 1.157
Daily SMA200: 1.1829
Levels:
Daily High: 1.1294
Daily Low: 1.1216
Weekly High: 1.15
Weekly Low: 1.1316
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.1264
Daily Fibonacci 61.8%: 1.1246
Daily Pivot Point S1: 1.1236
Daily Pivot Point S2: 1.1186
Daily Pivot Point S3: 1.1157
Daily Pivot Point R1: 1.1314
Daily Pivot Point R2: 1.1344
Daily Pivot Point R3: 1.1393