EUR/USD Technical Analysis: Strong resistance emerges at 1.1570/80


  • The pair is looking to extend the rebound from last week’s lows in the 1.1430 region to levels above 1.1500 the figure.
  • Immediate hurdle aligns in the 1.1570/80 band, where converges the 21- and 55-day SMA.
  • Further upside should see the next resistance at recent tops in the 1.1620 region, which is reinforced by the 100-day SMA.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
    Last Price: 1.1518
    Daily change: -13 pips
    Daily change: -0.113%
    Daily Open: 1.1531
Trends:
    Daily SMA20: 1.1571
    Daily SMA50: 1.1584
    Daily SMA100: 1.1623
    Daily SMA200: 1.1909
Levels:
    Daily High: 1.154
    Daily Low: 1.1531
    Weekly High: 1.1622
    Weekly Low: 1.1433
    Monthly High: 1.1816
    Monthly Low: 1.1526
    Daily Fibonacci 38.2%: 1.1496
    Daily Fibonacci 61.8%: 1.1472
    Daily Pivot Point S1: 1.1453
    Daily Pivot Point S2: 1.1392
    Daily Pivot Point S3: 1.1351
    Daily Pivot Point R1: 1.1555
    Daily Pivot Point R2: 1.1596
    Daily Pivot Point R3: 1.1657

 

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