EUR/USD loses further momentum and challenges 1.0800.
Extra declines look likely once 1.0800 is cleared.
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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