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EUR/USD Price Analysis: Extra gains expected to test 1.1150

EUR/USD Price Analysis: Extra gains expected to test 1.1150

  • EUR/USD is struggling to extend the advance beyond the 1.10 mark.
  • Immediately to the upside emerges the later March tops near 1.1150.

EUR/USD has so far met resistance in the 1.1030/35 band, just above the critical 200-day SMA.

A close above this area is needed to allow for a potential visit to the mid-1.1100s, area last seen in late March.

Above the 200-day SMA, the pair is expected to regain the constructive outlook.

EUR/USD daily chart

EUR/USD

OVERVIEW
Today last price 1.101
Today Daily Change 44
Today Daily Change % 0.04
Today daily open 1.1006
 
TRENDS
Daily SMA20 1.089
Daily SMA50 1.0881
Daily SMA100 1.096
Daily SMA200 1.1013
 
LEVELS
Previous Daily High 1.1031
Previous Daily Low 1.0934
Previous Weekly High 1.1009
Previous Weekly Low 1.08
Previous Monthly High 1.1039
Previous Monthly Low 1.0727
Daily Fibonacci 38.2% 1.0994
Daily Fibonacci 61.8% 1.0971
Daily Pivot Point S1 1.0949
Daily Pivot Point S2 1.0893
Daily Pivot Point S3 1.0853
Daily Pivot Point R1 1.1046
Daily Pivot Point R2 1.1087
Daily Pivot Point R3 1.1143

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