EUR/USD Technical Analysis: Euro bear party goes as Euro is less than 25 pips away from the 2018 low
- EUR/USD is trading in a bear trend below the 200-period simple moving average.
- EUR/USD is continuing to bleed on Friday now less than 25 pips away from the 2018 low. The RSI, MACD indicators keep a bearish bias while the Stochastic is already in the oversold zone.
- On the flip side, bulls will try to prevent the fall below the 2018 low.
EUR/USD 4-hour chart
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Main trend: Bearish
Resistance 1: 1.1350 figure
Resistance 2: 1.1400 figure
Resistance 3: 1.1430 October 9 low
Resistance 4: 1.1470 Asian high (Nov.7)
Resistance 5: 1.1500 figure and October 2 swing low
Support 1: 1.1300 current 2018 low
Support 2: 1.1200 figure
Support 3: 1.1100 figure
Additional key levels at a glance:
EUR/USD
Overview:
Last Price: 1.1323
Daily change: -38 pips
Daily change: -0.334%
Daily Open: 1.1361
Trends:
Daily SMA20: 1.1437
Daily SMA50: 1.1546
Daily SMA100: 1.1582
Daily SMA200: 1.1847
Levels:
Daily High: 1.1447
Daily Low: 1.1352
Weekly High: 1.1456
Weekly Low: 1.1302
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.1388
Daily Fibonacci 61.8%: 1.1411
Daily Pivot Point S1: 1.1326
Daily Pivot Point S2: 1.1291
Daily Pivot Point S3: 1.1231
Daily Pivot Point R1: 1.1421
Daily Pivot Point R2: 1.1482
Daily Pivot Point R3: 1.1517