EUR/USD Price Analysis: Another Visit To The 1.0630 Region Is Not Ruled Out
- EUR/USD gathers upside traction and advances to 1.0680.
- The resumption of the selling pressure could retest 1.0630.
EUR/USD extends Friday’s recovery and hovers around the 1.0680 region on Monday.
Despite the so far two-day bounce, the pair’s underlying bearish sentiment remains unchanged and leaves the door open to extra pullbacks in the short-term horizon. Against that backdrop, further losses could see the September low at 1.0631 (September 14) revisited ahead of the March low of 1.0516 (March 15).
In the meantime, further losses remain in the pipeline while below the key 200-day SMA, today at 1.0827.
EURUSD daily chart
EUR/USD
OVERVIEW | |
---|---|
Today last price | 1.0669 |
Today Daily Change | 23 |
Today Daily Change % | 0.11 |
Today daily open | 1.0657 |
TRENDS | |
---|---|
Daily SMA20 | 1.0782 |
Daily SMA50 | 1.093 |
Daily SMA100 | 1.0895 |
Daily SMA200 | 1.0828 |
LEVELS | |
---|---|
Previous Daily High | 1.0688 |
Previous Daily Low | 1.0633 |
Previous Weekly High | 1.0769 |
Previous Weekly Low | 1.0632 |
Previous Monthly High | 1.1065 |
Previous Monthly Low | 1.0766 |
Daily Fibonacci 38.2% | 1.0667 |
Daily Fibonacci 61.8% | 1.0654 |
Daily Pivot Point S1 | 1.0631 |
Daily Pivot Point S2 | 1.0605 |
Daily Pivot Point S3 | 1.0576 |
Daily Pivot Point R1 | 1.0686 |
Daily Pivot Point R2 | 1.0714 |
Daily Pivot Point R3 | 1.074 |
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