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1 Mar 2019
EUR/USD Technical Analysis: Rejection from tops above 1.1400 could prompt a deeper pullback
- The pair came under renewed selling pressure after hitting fresh 3-week highs in the 1.1420 on Thursday, dropping as low as the boundaries of 1.1350 so far today.
- Another test of the area above 1.1400 the figure should open the door for a visit to the short-term resistance line, today at 1.1457.
- As long as this area of resistance caps the upside, a drop to the critical 200-week SMA in the 1.1330 region and probably should not be ruled out.
EUR/USD daily chart
EUR/USD
Overview:
Today Last Price: 1.1363
Today Daily change: 18 pips
Today Daily change %: -0.09%
Today Daily Open: 1.1373
Trends:
Daily SMA20: 1.1349
Daily SMA50: 1.1391
Daily SMA100: 1.1389
Daily SMA200: 1.1509
Levels:
Previous Daily High: 1.1422
Previous Daily Low: 1.1359
Previous Weekly High: 1.1373
Previous Weekly Low: 1.1276
Previous Monthly High: 1.1489
Previous Monthly Low: 1.1234
Daily Fibonacci 38.2%: 1.1398
Daily Fibonacci 61.8%: 1.1383
Daily Pivot Point S1: 1.1348
Daily Pivot Point S2: 1.1322
Daily Pivot Point S3: 1.1286
Daily Pivot Point R1: 1.141
Daily Pivot Point R2: 1.1447
Daily Pivot Point R3: 1.1473