• EUR/USD keeps the current side-lined trade unchanged.
  • Immediately to the downside appears the monthly low near 1.0610.

EUR/USD trades without direction in the sub-1.0700 region at the beginning of the week.

If sellers regain the upper hand, pair could slip back to the February low at 1.0612 (February 17) in the near term. The breach of this level could see a potential test of the 2023 low at 1.0481 (January 6) emerge on the horizon.

So far, the bearish sentiment is expected to persist as long as the 3-month resistance line, today near 1.0890, caps the upside.

In the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0328.

EUR/USD daily chart


Today last price1.0689
Today Daily Change-0.0006
Today Daily Change %-0.06
Today daily open1.0695
Daily SMA201.0797
Daily SMA501.0725
Daily SMA1001.0412
Daily SMA2001.0329
Previous Daily High1.0698
Previous Daily Low1.0613
Previous Weekly High1.0805
Previous Weekly Low1.0613
Previous Monthly High1.093
Previous Monthly Low1.0483
Daily Fibonacci 38.2%1.0666
Daily Fibonacci 61.8%1.0646
Daily Pivot Point S11.0639
Daily Pivot Point S21.0583
Daily Pivot Point S31.0553
Daily Pivot Point R11.0724
Daily Pivot Point R21.0754
Daily Pivot Point R31.081