EUR/USD Daily Technical Analysis – May/03

EURUSD is still in the consolidation on 4 hour chart, now EURUSD is on trend up line, break of this trend line at 1.4804, further going down side toward 1.4732 on intraday. In EURUSD strong support is at 1.4771 and resistance is at 1.4877, this is the range. EURUSD break of 1.4732 support, next will be 1.4640. If EURUSD will reverse from 1.4606, 1.4435 then extension at 1.5074, 1.5350 which is also 161.8% extension of 1.4288 to 1.2579. EURUSD reversed 78.6% (1.2984) extension 127.2% (1.4750), 161.8% (1.5350) of 1.4288 to 1.2579 still in progress.

New High:  1.4866, 1.4936, 1.4899.

New Low:  1.4726, 1.4796, 1.4759.

Pivot Point: R3-1.4970, R2-1.4917, R1-1.4884, PP-1.4830, S1-1.4777, S2-1.4744, S3-1.4691.

 

Latest EURUSD
Last 1.4825
High 1.4902
Low 1.4760
5 day 1.4780
10 day 1.4642
20 day 1.4511
50 day 1.4196
100 day 1.3797
200 day 1.3577

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