EUR/USD Price Analysis: Extra gains need to clear 1.0620

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EUR/USD Price Analysis: Extra gains need to clear 1.0620
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EUR/USD regains composure following Monday’s pessimism and breaks above the 1.0600 hurdle. In case bulls regain the initiative, the pair should initia

EUR/USD revisits the area above 1.0600 once again on Tuesday. The continuation of the rebound should target the 1.0620 area. lly retarget the minor barrier at 1.0617 ahead of the weekly peak of 1.0767 . On the flip side, if bears regain the upper hand, the pair could slip back to the area of yearly lows around 1.0450 . Meanwhile, further losses remain on the table as long as the pair navigates the area below the key 200-day SMA, today at 1.0823.

0595 Today Daily Change 57 Today Daily Change % 0.26 Today daily open 1.0567 Trends Daily SMA20 1.0604 Daily SMA50 1.0762 Daily SMA100 1.084 Daily SMA200 1.0825 Levels Previous Daily High 1.0587 Previous Daily Low 1.052 Previous Weekly High 1.06 Previous Weekly Low 1.0448 Previous Monthly High 1.0882 Previous Monthly Low 1.0488 Daily Fibonacci 38.2% 1.0545 Daily Fibonacci 61.8% 1.0561 Daily Pivot Point S1 1.0529 Daily Pivot Point S2 1.0491 Daily Pivot Point S3 1.0462 Daily Pivot Point R1 1.

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