EUR/USD Price Analysis: Looks offered and could slip back to 1.1800

EUR/USD breaks below the previous support around 1.1850.
The further downside could re-visit 1.1800 within the near term.
EUR/USD extends the bearishness for yet one more session and tumbles to new 3-month lows near 1.1820.

Better-than-forecast results at US NFP could lend extra support to the dollar and thus accelerate losses in EUR/USD. Against this, there’s interim support within the 1.1800 neighborhood before the Fibo level at 1.1762.

The near-term outlook for EUR/USD is forecast to stay on the negative side while below the key 200-day SMA, today at 1.1996.

EUR/USD daily chart

Today last price 1.1827
Today Daily Change 31
Today Daily Change % -0.19
Today daily open 1.185

Daily SMA20 1.2007
Daily SMA50 1.2085
Daily SMA100 1.2022
Daily SMA200 1.2

Previous Daily High 1.1884
Previous Daily Low 1.1838
Previous Weekly High 1.1975
Previous Weekly Low 1.1848
Previous Monthly High 1.2254
Previous Monthly Low 1.1845
Daily Fibonacci 38.2% 1.1855
Daily Fibonacci 61.8% 1.1866
Daily Pivot Point S1 1.183
Daily Pivot Point S2 1.1811
Daily Pivot Point S3 1.1784
Daily Pivot Point R1 1.1877
Daily Pivot Point R2 1.1904
Daily Pivot Point R3 1.1924


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