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28 Feb 2019
EUR/USD Technical Analysis: The pair’s upside met resistance in the 1.1400 neighbourhood
- Spot is prolonging the consolidation in the upper end of the range, although a breakout of the 1.1400 handle still remains elusive for EUR-bulls.
- If cleared, the next up barrier aligns at 1.1442 (Fibo retracement) ahead of the short-term resistance line, today at 1.1462.
- This area is seen as the last defence for another attempt to test the critical hurdle at the 1.1500 neighbourhood, coincident with late January peaks and another Fibo retracement.
EUR/USD daily chart
EUR/USD
Overview:
Today Last Price: 1.1388
Today Daily change: 25 pips
Today Daily change %: 0.15%
Today Daily Open: 1.1371
Trends:
Daily SMA20: 1.1352
Daily SMA50: 1.1393
Daily SMA100: 1.1392
Daily SMA200: 1.1511
Levels:
Previous Daily High: 1.1404
Previous Daily Low: 1.1362
Previous Weekly High: 1.1373
Previous Weekly Low: 1.1276
Previous Monthly High: 1.1586
Previous Monthly Low: 1.1289
Daily Fibonacci 38.2%: 1.1378
Daily Fibonacci 61.8%: 1.1388
Daily Pivot Point S1: 1.1354
Daily Pivot Point S2: 1.1337
Daily Pivot Point S3: 1.1311
Daily Pivot Point R1: 1.1396
Daily Pivot Point R2: 1.1422
Daily Pivot Point R3: 1.1439