EUR/USD Technical Analysis: In 2-week highs around 1.1350. Targets the 55-day SMA at 1.1365

  • EUR/USD is extending the recent up move after finding decent support in the 21-day SMA at 1.1319 earlier in the session.
  • The up move in spot is now targeting the key 55-day SMA at 1.1365., considered the last defence of a test of late February peaks near 1.1420.
  • On the broader picture, a test of YTD lows in the 1.1180/75 band remains on the cards as long as the multi-month resistance line – today at 1.1424 – caps the upside.

EUR/USD daily chart

EUR/USD

Overview:
    Today Last Price: 1.1349
    Today Daily change: 31 pips
    Today Daily change %: 0.20%
    Today Daily Open: 1.1326
Trends:
    Daily SMA20: 1.132
    Daily SMA50: 1.1366
    Daily SMA100: 1.1369
    Daily SMA200: 1.1487
Levels:
    Previous Daily High: 1.1346
    Previous Daily Low: 1.13
    Previous Weekly High: 1.1346
    Previous Weekly Low: 1.1222
    Previous Monthly High: 1.1489
    Previous Monthly Low: 1.1234
    Daily Fibonacci 38.2%: 1.1328
    Daily Fibonacci 61.8%: 1.1317
    Daily Pivot Point S1: 1.1302
    Daily Pivot Point S2: 1.1278
    Daily Pivot Point S3: 1.1256
    Daily Pivot Point R1: 1.1348
    Daily Pivot Point R2: 1.1369
    Daily Pivot Point R3: 1.1393

 

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