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EUR/USD Price Analysis: Next upside target is 1.0756

  • EUR/USD remains below the 1.0700 barrier so far on Friday.
  • Bullish attempts are expected to find the next hurdle near 1.0750.

He EUR/USD gets modest gains in the 1.0670/80 area at the end of the week.

In case the bullish bias picks up, there is an initial barrier at the round level of 1.0700 before the monthly high of 1.0756 (Nov 6).

Meanwhile, below the 200-day SMA at 1.0801, the outlook for the pair should remain negative.

EUR/USD Daily Chart

EUR/USD

Overview
Latest price today 1.0684
Today I change daily 36
Today’s daily variation 0.19
Today daily opening 1.0664
Trends
daily SMA20 1.0611
daily SMA50 1.0624
SMA100 daily 1.0797
SMA200 daily 1.0803
Levels
Previous daily high 1.0725
Previous daily low 1,066
Previous weekly high 1.0747
Previous weekly low 1.0517
Previous Monthly High 1.0695
Previous monthly low 1.0448
Daily Fibonacci 38.2 1.0685
Fibonacci 61.8% daily 1.0701
Daily Pivot Point S1 1.0641
Daily Pivot Point S2 1.0618
Daily Pivot Point S3 1.0576
Daily Pivot Point R1 1.0706
Daily Pivot Point R2 1.0748
Daily Pivot Point R3 1.0771

Source: Fx Street

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