EUR/USD Price Analysis: Further Losses Now Target 1.0775
- EUR/USD loses further momentum and challenges 1.0800.
- Extra declines look likely once 1.0800 is cleared.
EUR/USD retreats further and puts the 1.0800 support to the test on Tuesday.
A drop below the latter should pave the way for a deeper retracement to, initially, the intermediate 100-day SMA at 1.0774 ahead of the 55-day SMA at 1.0684.
So far, while above the significant 200-day SMA at 1.0819, the pair’s outlook should remain constructive.
EUR/USD daily chart
(Click on image to enlarge)
EUR/USD
OVERVIEW | |
---|---|
Today last price | 1.0812 |
Today Daily Change | 46 |
Today Daily Change % | -0.20 |
Today daily open | 1.0834 |
TRENDS | |
---|---|
Daily SMA20 | 1.0852 |
Daily SMA50 | 1.0686 |
Daily SMA100 | 1.0779 |
Daily SMA200 | 1.082 |
LEVELS | |
---|---|
Previous Daily High | 1.0895 |
Previous Daily Low | 1.0804 |
Previous Weekly High | 1.1017 |
Previous Weekly Low | 1.0829 |
Previous Monthly High | 1.1017 |
Previous Monthly Low | 1.0517 |
Daily Fibonacci 38.2% | 1.0839 |
Daily Fibonacci 61.8% | 1.086 |
Daily Pivot Point S1 | 1.0794 |
Daily Pivot Point S2 | 1.0754 |
Daily Pivot Point S3 | 1.0703 |
Daily Pivot Point R1 | 1.0885 |
Daily Pivot Point R2 | 1.0935 |
Daily Pivot Point R3 | 1.0975 |
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