The EURUSD pair, currently at a value of 1.08416, continues its decline and returns to the 1.0810 level.
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- EUR/USD resumes the downtrend and re-visits the 1.0810 area.
The pair currently trades last at 1.08416.
The previous day high was 1.0872 while the previous day low was 1.0802. The daily 38.2% Fib levels comes at 1.0845, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0829, expected to provide support.
EUR/USD quickly forgets Wednesday’s uptick and resumes the downtrend with the immediate target at recent lows near 1.0800 the figure.
This area of recent lows appears so far propped up by the critical 200-day SMA, while the loss of the latter could prompt a potential test of the May low of 1.0635 (May 31) to re-emerge on the horizon.
A drop below the 200-day SMA should keep extra losses in store for the time being.
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.0835 at the time of writing. Pair opened at 1.0864 and is trading with a change of -0.27 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.0835 |
| 1 | Today Daily Change | 62.0000 |
| 2 | Today Daily Change % | -0.2700 |
| 3 | Today daily open | 1.0864 |
The pair is trading below its 20 Daily moving average @ 1.0939, below its 50 Daily moving average @ 1.0982 , below its 100 Daily moving average @ 1.093 and above its 200 Daily moving average @ 1.0799
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0939 |
| 1 | Daily SMA50 | 1.0982 |
| 2 | Daily SMA100 | 1.0930 |
| 3 | Daily SMA200 | 1.0799 |
The previous day high was 1.0872 while the previous day low was 1.0802. The daily 38.2% Fib levels comes at 1.0845, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0829, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 1.0821, 1.0777, 1.0752
- Pivot resistance is noted at 1.089, 1.0915, 1.0959
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.0872 |
| Previous Daily Low | 1.0802 |
| Previous Weekly High | 1.0960 |
| Previous Weekly Low | 1.0845 |
| Previous Monthly High | 1.1276 |
| Previous Monthly Low | 1.0834 |
| Daily Fibonacci 38.2% | 1.0845 |
| Daily Fibonacci 61.8% | 1.0829 |
| Daily Pivot Point S1 | 1.0821 |
| Daily Pivot Point S2 | 1.0777 |
| Daily Pivot Point S3 | 1.0752 |
| Daily Pivot Point R1 | 1.0890 |
| Daily Pivot Point R2 | 1.0915 |
| Daily Pivot Point R3 | 1.0959 |
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