EUR/USD Price Analysis: The 1.1200 Barrier Is Just Around The Corner
- EUR/USD prints new 2023 peaks around 1.1190.
- Immediately to the upside emerges the 1.1200 barrier.
EUR/USD extends the monthly bullish performance and approaches the 1.1200 hurdle for the first time since February 2022.
The continuation of the upside momentum is expected to revisit the round level at 1.1200 in the very near term. Once this level is cleared, a probable visit to the 2022 high at 1.1495 (February 10) could start emerging on the horizon.
Looking at the longer run, the positive view remains unchanged while above the 200-day SMA, today at 1.0643.
EUR/USD daily chart
(Click on image to enlarge)
EUR/USD
| OVERVIEW | |
|---|---|
| Today last price | 1.1183 |
| Today Daily Change | 63 |
| Today Daily Change % | 0.47 |
| Today daily open | 1.1131 |
| TRENDS | |
|---|---|
| Daily SMA20 | 1.0938 |
| Daily SMA50 | 1.0861 |
| Daily SMA100 | 1.0841 |
| Daily SMA200 | 1.0638 |
| LEVELS | |
|---|---|
| Previous Daily High | 1.114 |
| Previous Daily Low | 1.1005 |
| Previous Weekly High | 1.0973 |
| Previous Weekly Low | 1.0834 |
| Previous Monthly High | 1.1012 |
| Previous Monthly Low | 1.0662 |
| Daily Fibonacci 38.2% | 1.1089 |
| Daily Fibonacci 61.8% | 1.1057 |
| Daily Pivot Point S1 | 1.1044 |
| Daily Pivot Point S2 | 1.0956 |
| Daily Pivot Point S3 | 1.0908 |
| Daily Pivot Point R1 | 1.1179 |
| Daily Pivot Point R2 | 1.1228 |
| Daily Pivot Point R3 | 1.1315 |
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Disclosure: Information on this article contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes ...
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