#EURUSD @ 1.02534 accelerates the decline and retargets 1.0200. (Pivot Orderbook analysis)
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- EUR/USD accelerates the decline and retargets 1.0200.
- The loss of 1.0200 exposes a probable drop to 1.0020.
The pair currently trades last at 1.02534.
The previous day high was 1.0396 while the previous day low was 1.032. The daily 38.2% Fib levels comes at 1.0349, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0367, expected to provide resistance.
EUR/USD adds to the ongoing retracement and loses ground for the third session in a row on Monday.
A deeper pullback could breach 1.0200 and thus pave the way for extra losses to the 100-day SMA around 1.0020. South of this level, a potential visit to the parity zone could return to the radar.
In the meantime, the 200-day SMA, today at 1.0406, continues to cap occasional bullish attempts.
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.0251 at the time of writing. Pair opened at 1.0325 and is trading with a change of -0.72 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.0251 |
| 1 | Today Daily Change | 107.0000 |
| 2 | Today Daily Change % | -0.7200 |
| 3 | Today daily open | 1.0325 |
The pair is trading above its 20 Daily moving average @ 1.0079, above its 50 Daily moving average @ 0.9931 , above its 100 Daily moving average @ 1.0025 and below its 200 Daily moving average @ 1.0414
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0079 |
| 1 | Daily SMA50 | 0.9931 |
| 2 | Daily SMA100 | 1.0025 |
| 3 | Daily SMA200 | 1.0414 |
The previous day high was 1.0396 while the previous day low was 1.032. The daily 38.2% Fib levels comes at 1.0349, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0367, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 1.0298, 1.0271, 1.0222
- Pivot resistance is noted at 1.0374, 1.0423, 1.045
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.0396 |
| Previous Daily Low | 1.0320 |
| Previous Weekly High | 1.0482 |
| Previous Weekly Low | 1.0272 |
| Previous Monthly High | 1.0094 |
| Previous Monthly Low | 0.9632 |
| Daily Fibonacci 38.2% | 1.0349 |
| Daily Fibonacci 61.8% | 1.0367 |
| Daily Pivot Point S1 | 1.0298 |
| Daily Pivot Point S2 | 1.0271 |
| Daily Pivot Point S3 | 1.0222 |
| Daily Pivot Point R1 | 1.0374 |
| Daily Pivot Point R2 | 1.0423 |
| Daily Pivot Point R3 | 1.0450 |
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