EUR/USD Price Analysis: Further gains could lead to a retest of 1.0760

EUR/USD rebounds and breaks above 1.0700.
Further north the monthly high emerges near 1.0760.

He EUR/USD rises to 3-day highs above 1.0700 and extends the rebound for the third consecutive session on Monday.

If the recovery gains momentum, the pair could face a March high of 1.0759 (March 15) before the weekly high of 1.0804 (Feb 14).

Longer-term, constructive view remains above the 200-day SMA at 1.0325 today.

EUR/USD daily chart

EUR/USD

Overview
Last price today	1.0705
Today I change daily	87
today’s daily variation	0.36
today daily opening	1.0667

Trends
daily SMA20	1.0624
daily SMA50	1.0728
daily SMA100	1.0569
daily SMA200	1.0326

levels
previous daily high	1.0685
previous daily low	1.0607
Previous Weekly High	1,076
previous weekly low	1.0516
Previous Monthly High	1.1033
Previous monthly minimum	1.0533
Fibonacci daily 38.2	1.0655
Fibonacci 61.8% daily	1.0637
Daily Pivot Point S1	1.0621
Daily Pivot Point S2	1.0574
Daily Pivot Point S3	1.0542
Daily Pivot Point R1	1.0699
Daily Pivot Point R2	1.0731
Daily Pivot Point R3	1.0778

Source: Fx Street

Joshua
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.

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