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EUR/USD Technical Analysis: 1.1320 stubbornly holds as bulls fight back - 1.1380 target

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the main simple moving averages (SMAs). 
  • EUR/USD is trading at its lowest in seven days as the level to beat for bears remain 1.1320 support.


EUR/USD 4-hour chart

  • EUR/USD is trading in a wedge pattern.
  • EUR/USD is also trading below its main SMAs on the 4-hour chart. 
  • The Stochastic indicator is oversold. 

EUR/USD 30-minute chart

  • If bulls can weather the bearish attacks at 1.1300 support, then 1.1345 and 1.1380 become the next targets

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1325
    Today Daily change: -9.0 pips
    Today Daily change %: -0.0794%
    Today Daily Open: 1.1334
Trends:
    Previous Daily SMA20: 1.1364
    Previous Daily SMA50: 1.1481
    Previous Daily SMA100: 1.1544
    Previous Daily SMA200: 1.1785
Levels:
    Previous Daily High: 1.1384
    Previous Daily Low: 1.1326
    Previous Weekly High: 1.1473
    Previous Weekly Low: 1.1328
    Previous Monthly High: 1.1625
    Previous Monthly Low: 1.1302
    Previous Daily Fibonacci 38.2%: 1.1348
    Previous Daily Fibonacci 61.8%: 1.1362
    Previous Daily Pivot Point S1: 1.1312
    Previous Daily Pivot Point S2: 1.1289
    Previous Daily Pivot Point S3: 1.1253
    Previous Daily Pivot Point R1: 1.137
    Previous Daily Pivot Point R2: 1.1406
    Previous Daily Pivot Point R3: 1.1429

 

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