EUR/USD loses further momentum and challenges 1.0800.
Extra declines look likely once 1.0800 is cleared.
EUR/USD retreats further and puts the 1.0800 support to the test on Tuesday.A drop below the latter should pave the way for a deeper retracement to, initially, the intermediate 100-day SMA at 1.0774 ahead of the 55-day SMA at 1.0684.So far, while above the significant 200-day SMA at 1.0819, the pair’s outlook should remain constructive.
EUR/USD daily chart
EUR/USD
OVERVIEW |
Today last price |
1.0812 |
Today Daily Change |
46 |
Today Daily Change % |
-0.20 |
Today daily open |
1.0834 |
TRENDS |
Daily SMA20 |
1.0852 |
Daily SMA50 |
1.0686 |
Daily SMA100 |
1.0779 |
Daily SMA200 |
1.082 |
LEVELS |
Previous Daily High |
1.0895 |
Previous Daily Low |
1.0804 |
Previous Weekly High |
1.1017 |
Previous Weekly Low |
1.0829 |
Previous Monthly High |
1.1017 |
Previous Monthly Low |
1.0517 |
Daily Fibonacci 38.2% |
1.0839 |
Daily Fibonacci 61.8% |
1.086 |
Daily Pivot Point S1 |
1.0794 |
Daily Pivot Point S2 |
1.0754 |
Daily Pivot Point S3 |
1.0703 |
Daily Pivot Point R1 |
1.0885 |
Daily Pivot Point R2 |
1.0935 |
Daily Pivot Point R3 |
1.0975 |
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