#EURUSD @ 0.98964 pushes higher and already surpasses the 0.9900 mark. (Pivot Orderbook analysis)

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• EUR/USD pushes higher and already surpasses the 0.9900 mark.
• Extra gains now target the key barrier at the parity zone.

The pair currently trades last at 0.98964.

The previous day high was 0.9845 while the previous day low was 0.9753. The daily 38.2% Fib levels comes at 0.981, expected to provide support. Similarly, the daily 61.8% fib level is at 0.9788, expected to provide support.

EUR/USD advances further and breaks above the key 0.9900 hurdle on turnaround Tuesday.

Considering the ongoing strong rebound, further upside should remain on the table and with the immediate hurdle now at the psychological parity level. Beyond the latter, there is a temporary resistance at the 55-day SMA, today at 1.0033.

In the longer run, the pair’s bearish view should remain unaltered while below the 200-day SMA at 1.0639.

Technical Levels: Supports and Resistances

EURUSD currently trading at 0.9899 at the time of writing. Pair opened at 0.9825 and is trading with a change of 0.75 % .

The pair is trading above its 20 Daily moving average @ 0.9889, below its 50 Daily moving average @ 1.0023 , below its 100 Daily moving average @ 1.0239 and below its 200 Daily moving average @ 1.0648

The previous day high was 0.9845 while the previous day low was 0.9753. The daily 38.2% Fib levels comes at 0.981, expected to provide support. Similarly, the daily 61.8% fib level is at 0.9788, expected to provide support.

Note the levels of interest below:

• Pivot support is noted at 0.977, 0.9716, 0.9679
• Pivot resistance is noted at 0.9862, 0.99, 0.9954

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