EUR/USD Price Analysis: There Is An Initial Hurdle Around 1.0640
EUR/USD keeps the weekly choppiness well in place and now regains the 1.0570 region following Wednesday’s daily decline.
In case the recovery gathers a more serious pace, then the pair is expected to challenge the October high at 1.0639 (October 12) prior to a probable move to the transitory 55-day SMA at 1.0721.
Meanwhile, further losses remain on the table as long as the pair navigates the area below the key 200-day SMA at 1.0819.
EUR/USD daily chart
(Click on image to enlarge)
EUR/USD
OVERVIEW | |
---|---|
Today last price | 1.0572 |
Today Daily Change | 51 |
Today Daily Change % | 0.33 |
Today daily open | 1.0537 |
TRENDS | |
---|---|
Daily SMA20 | 1.056 |
Daily SMA50 | 1.0705 |
Daily SMA100 | 1.0829 |
Daily SMA200 | 1.0822 |
LEVELS | |
---|---|
Previous Daily High | 1.0594 |
Previous Daily Low | 1.0523 |
Previous Weekly High | 1.064 |
Previous Weekly Low | 1.0496 |
Previous Monthly High | 1.0882 |
Previous Monthly Low | 1.0488 |
Daily Fibonacci 38.2% | 1.055 |
Daily Fibonacci 61.8% | 1.0567 |
Daily Pivot Point S1 | 1.0509 |
Daily Pivot Point S2 | 1.048 |
Daily Pivot Point S3 | 1.0438 |
Daily Pivot Point R1 | 1.058 |
Daily Pivot Point R2 | 1.0622 |
Daily Pivot Point R3 | 1.065 |
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