- EUR/USD regains the smile and briefly surpasses the 1.0600 barrier.
- Once the 1.0700 region is cleared, the pair’s selling bias could alleviate somewhat. EUR/USD picks up some buying interest and manages to surpass the key hurdle at 1.0600 the figure on Monday. In case bulls push harder, the pair should meet the next hurdle at the monthly high of 1.0694 , which comes just ahead of the round level of 1.0700 and prior to the weekly peaks of 1.0736 and 1.0767 . In the meantime, while below the 200-day SMA at 1.0811, the pair’s outlook should remain negative.
0597 Today Daily Change 70 Today Daily Change % 0.31 Today daily open 1.0564 Trends Daily SMA20 1.0561 Daily SMA50 1.066 Daily SMA100 1.0819 Daily SMA200 1.0814 Levels Previous Daily High 1.0597 Previous Daily Low 1.0536 Previous Weekly High 1.0695 Previous Weekly Low 1.0522 Previous Monthly High 1.0882 Previous Monthly Low 1.0488 Daily Fibonacci 38.2% 1.0574 Daily Fibonacci 61.8% 1.0559 Daily Pivot Point S1 1.0534 Daily Pivot Point S2 1.0504 Daily Pivot Point S3 1.0473 Daily Pivot Point R1 1.
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