untitled design

EUR/USD Price Analysis: The next bullish level is 1.0617

  • EUR/USD manages to gain some traction and breaks through 1.0500.
  • There is initial resistance around 1.0620.

He EUR/USD rebounds and puts aside two consecutive daily pullbacks and recovers the zone beyond 1.0500 on Wednesday.

Further gains should initially target the minor barrier of 1.0617 (September 29) again before the weekly high of 1.0767 (September 12).

Meanwhile, losses remain on the table, as long as the pair navigates the zone below the key 200-day SMA, today at 1.0825.

EUR/USD Daily Chart


Latest price today 1.0525
Today I change daily 81
Today’s daily variation 0.56
Today daily opening 1.0466
daily SMA20 1.0638
daily SMA50 1.08
SMA100 daily 1,085
SMA200 daily 1.0827
Previous daily high 1.0494
Previous daily low 1.0448
Previous weekly high 1.0656
Previous weekly low 1.0488
Previous Monthly High 1.0882
Previous monthly low 1.0488
Daily Fibonacci 38.2 1.0466
Fibonacci 61.8% daily 1.0476
Daily Pivot Point S1 1.0445
Daily Pivot Point S2 1.0424
Daily Pivot Point S3 1.04
Daily Pivot Point R1 1.0491
Daily Pivot Point R2 1.0515
Daily Pivot Point R3 1.0536

Source: Fx Street

You may also like

Get the latest

Stay Informed: Get the Latest Updates and Insights


Most popular