The EURUSD currency pair, currently trading at a rate of 1.09139, has partially recovered from its recent decline and has once again reached the 1.0900 mark.
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- EUR/USD reverses part of the recent weakness and regains 1.0900.
The pair currently trades last at 1.09139.
The previous day high was 1.096 while the previous day low was 1.0844. The daily 38.2% Fib levels comes at 1.0888, expected to provide support. Similarly, the daily 61.8% fib level is at 1.0916, expected to provide resistance.
EUR/USD starts the week on the positive foot and reclaims the area beyond 1.0900 the figure on Monday.
The inability of the pair to regain the area of recent peaks around 1.1010 (June 22) could motivate sellers to return to the market and open the door to a potential revisit to recent weekly lows near 1.0840 (June 23).
The loss of the latter should face the next support of note around the round level of 1.0800, which also appears reinforced by the 100-day SMA (1.0809).
Looking at the longer run, the positive view remains unchanged while above the 200-day SMA, today at 1.0568.
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.0919 at the time of writing. Pair opened at 1.0894 and is trading with a change of 0.23 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.0919 |
| 1 | Today Daily Change | 33.0000 |
| 2 | Today Daily Change % | 0.2300 |
| 3 | Today daily open | 1.0894 |
The pair remains strongly bullish on the daily timeframe. It trades above its 20 SMA @ 1.0809, 50 SMA 1.0876, 100 SMA @ 1.0809 and 200 SMA @ 1.0565.
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0809 |
| 1 | Daily SMA50 | 1.0876 |
| 2 | Daily SMA100 | 1.0809 |
| 3 | Daily SMA200 | 1.0565 |
The previous day high was 1.096 while the previous day low was 1.0844. The daily 38.2% Fib levels comes at 1.0888, expected to provide support. Similarly, the daily 61.8% fib level is at 1.0916, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 1.0839, 1.0784, 1.0724
- Pivot resistance is noted at 1.0954, 1.1014, 1.1069
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.0960 |
| Previous Daily Low | 1.0844 |
| Previous Weekly High | 1.1012 |
| Previous Weekly Low | 1.0844 |
| Previous Monthly High | 1.1092 |
| Previous Monthly Low | 1.0635 |
| Daily Fibonacci 38.2% | 1.0888 |
| Daily Fibonacci 61.8% | 1.0916 |
| Daily Pivot Point S1 | 1.0839 |
| Daily Pivot Point S2 | 1.0784 |
| Daily Pivot Point S3 | 1.0724 |
| Daily Pivot Point R1 | 1.0954 |
| Daily Pivot Point R2 | 1.1014 |
| Daily Pivot Point R3 | 1.1069 |
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