EUR/USD revisits the 1.0520 region following renewed downside pressure and following Friday’s climb to as high as the 1.0600 region. In case bulls reg
EUR/USD comes under pressure following Friday’s tops. Extra weakness could prompt the pair to drop to 1.0450. ain the initiative, the pair should initially retarget the minor barrier at 1.0617 ahead of the weekly peak of 1.0767 . On the flip side, if bears regain the upper hand, the pair could slip back to the area of yearly lows around 1.0450 . Meanwhile, further losses remain on the table as long as the pair navigates the area below the key 200-day SMA, today at 1.0823.
0547 Today Daily Change 55 Today Daily Change % -0.38 Today daily open 1.0587 Trends Daily SMA20 1.0613 Daily SMA50 1.0771 Daily SMA100 1.0843 Daily SMA200 1.0825 Levels Previous Daily High 1.06 Previous Daily Low 1.0482 Previous Weekly High 1.06 Previous Weekly Low 1.0448 Previous Monthly High 1.0882 Previous Monthly Low 1.0488 Daily Fibonacci 38.2% 1.0555 Daily Fibonacci 61.8% 1.0527 Daily Pivot Point S1 1.0513 Daily Pivot Point S2 1.0439 Daily Pivot Point S3 1.0395 Daily Pivot Point R1 1.
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