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EUR/USD Technical Analysis: Rally halted ahead of the 100-day SMA near 1.1480

  • The multi-day recovery in the EUR/USD has run out of steam in the 1.1480 region, coincident with the key 100-day SMA.
  • The 1.1500/50 band remains a formidable barrier for EUR-bulls in the near/medium term. This area of resistance is also reinforced by the proximity of the top of the daily cloud.
  • In the meantime, a re-test of the 1.1300/1.1265 area remains on the cards while spot trades below the short-term resistance line, today at 1.1570.

EUR/USD daily chart











    Today Last Price: 1.1447
    Today Daily change: -30 pips
    Today Daily change %: -0.261%
    Today Daily Open: 1.1477
    Previous Daily SMA20: 1.1394
    Previous Daily SMA50: 1.1374
    Previous Daily SMA100: 1.148
    Previous Daily SMA200: 1.1643
    Previous Daily High: 1.1484
    Previous Daily Low: 1.1396
    Previous Weekly High: 1.1586
    Previous Weekly Low: 1.1309
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1451
    Previous Daily Fibonacci 61.8%: 1.143
    Previous Daily Pivot Point S1: 1.1421
    Previous Daily Pivot Point S2: 1.1365
    Previous Daily Pivot Point S3: 1.1333
    Previous Daily Pivot Point R1: 1.1509
    Previous Daily Pivot Point R2: 1.1541
    Previous Daily Pivot Point R3: 1.1597


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