EUR/USD Price Analysis: A Visit To The YTD Low Looms Closer
- EUR/USD resumes the downside and retargets the 1.0500 zone.
- The September low at 1.0490 comes next for EUR-bears.
EUR/USD leaves behind a two-day recovery and shifts its attention to the downside and the 1.0500 neighborhood on Monday.
If bears remain in control, another visit to the September low of 1.0488 (September 27) should start emerging on the horizon just ahead of the 2023 low of 1.0481 (January 6).
Meanwhile, further losses remain on the table as long as the pair navigates the area below the key 200-day SMA, today at 1.0826.
EUR/USD daily chart
(Click on image to enlarge)
EUR/USD
OVERVIEW | |
---|---|
Today last price | 1.0525 |
Today Daily Change | 77 |
Today Daily Change % | -0.46 |
Today daily open | 1.0574 |
TRENDS | |
---|---|
Daily SMA20 | 1.0666 |
Daily SMA50 | 1.0823 |
Daily SMA100 | 1.0858 |
Daily SMA200 | 1.0829 |
LEVELS | |
---|---|
Previous Daily High | 1.0617 |
Previous Daily Low | 1.0558 |
Previous Weekly High | 1.0656 |
Previous Weekly Low | 1.0488 |
Previous Monthly High | 1.0882 |
Previous Monthly Low | 1.0488 |
Daily Fibonacci 38.2% | 1.0595 |
Daily Fibonacci 61.8% | 1.0581 |
Daily Pivot Point S1 | 1.0549 |
Daily Pivot Point S2 | 1.0524 |
Daily Pivot Point S3 | 1.049 |
Daily Pivot Point R1 | 1.0608 |
Daily Pivot Point R2 | 1.0642 |
Daily Pivot Point R3 | 1.0667 |
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