The first upside technical level of significance comes as 1.1772/1.1775, (55-Day MA / 76.4% Fibo 1.1853-1.1508). Then, 1.1817 is the 30-Day Upper Bollinger. To the downside, 1.1737 is the Daily Cloud Base, 1.1681is the Daily Low Jul 6, 1.1659 as the 10-Day MA and 1.1656 as the 21-Day MA.
EUR/USD Daily Forecast - 10 July
- Monday, Jul 09 2018
EUR/USD gave up the pre-North America games falling below the 21-hr SMA at 1.760, where previously, EUR/USD has made a London session high of 1.1790. The single unit has scored a session low of 1.1740. From a technical perspective, EUR/USD set a new short-term high after piercing the 76.4 Fib of 1.1853-1.1508 and the 55-D SMA. However, the pair has been faded at the highs is has moved to a flat position for the day within the wider 1.1500-1.1850/60 range.