EUR/USD Price Analysis: Immediate resistance turns up at 1.0700

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EUR/USD Price Analysis: Immediate resistance turns up at 1.0700
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EUR/USD sparked a meaningful corrective decline after hitting monthly highs just below the 1.0700 barrier earlier on Tuesday. In case bulls regain the

EUR/USD abandons the area of monthly highs near 1.0700. The 1.0700 zone appears reinforced by the 55-day SMA. upper hand, the pair is expected to dispute the October high at 1.0694 , which is propped up by the transitory 55-day SMA at 1.0702 and comes ahead of the weekly peak at 1.0736 . Meanwhile, further losses remain on the table as long as the pair navigates the area below the key 200-day SMA at 1.0816. EUR/USD daily chart EUR/USD Overview Today last price 1.

0613 Today Daily Change 83 Today Daily Change % -0.53 Today daily open 1.067 Trends Daily SMA20 1.0557 Daily SMA50 1.0685 Daily SMA100 1.0825 Daily SMA200 1.0819 Levels Previous Daily High 1.0678 Previous Daily Low 1.0572 Previous Weekly High 1.0617 Previous Weekly Low 1.0511 Previous Monthly High 1.0882 Previous Monthly Low 1.0488 Daily Fibonacci 38.2% 1.0637 Daily Fibonacci 61.8% 1.0612 Daily Pivot Point S1 1.0602 Daily Pivot Point S2 1.0533 Daily Pivot Point S3 1.0495 Daily Pivot Point R1 1.

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