#EURUSD @ 0.99281 ’s bullish attempt falters ahead of 0.9900 once again. (Pivot Orderbook analysis)

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• EUR/USD’s bullish attempt falters ahead of 0.9900 once again.
• The 55-day SMA at 0.9923 offers interim hurdle so far.

The pair currently trades last at 0.99281.

The previous day high was 0.9899 while the previous day low was 0.9807. The daily 38.2% Fib levels comes at 0.9864, expected to provide support. Similarly, the daily 61.8% fib level is at 0.9842, expected to provide support.

The weekly upside in EUR/USD appears to have met quite a solid hurdle around the 0.9900 region so far.

The surpass of this barrier could expose a rapid move to the interim resistance at the 55-day SMA at 0.9923 prior to the 8-month resistance line, today near 0.9940. Beyond the latter, the selling pressure is expected to mitigate.

In the longer run, the pair’s bearish view should remain unaltered while below the 200-day SMA at 1.0522.

Technical Levels: Supports and Resistances

EURUSD currently trading at 0.9901 at the time of writing. Pair opened at 0.9875 and is trading with a change of 0.26 % .

The pair is trading above its 20 Daily moving average @ 0.9789, above its 50 Daily moving average @ 0.9899 , below its 100 Daily moving average @ 1.0109 and below its 200 Daily moving average @ 1.0531

The previous day high was 0.9899 while the previous day low was 0.9807. The daily 38.2% Fib levels comes at 0.9864, expected to provide support. Similarly, the daily 61.8% fib level is at 0.9842, expected to provide support.

Note the levels of interest below:

• Pivot support is noted at 0.9821, 0.9768, 0.9729
• Pivot resistance is noted at 0.9914, 0.9953, 1.0006

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