- EUR/USD snapping higher as the Greenback recedes across the board.
- The week’s trade tensions pressures have broken for the time being, Friday could mark in a reversal of recent trends.
- The Euro is still trading very close to the year’s lows for the time being; Dollar slump could be profit-taking.
| Spot rate: | 1.1649 |
| Relative change: | 0.68% |
| High: | 1.1660 |
| Low: | 1.1558 |
| Trend: | Bullish snap |
| Support 1: | 1.1527 (previous day low) |
| Support 2: | 1.1508 (2018 low, major technical bottom) |
| Support 3: | 1.1457 (S3 daily pivot) |
| Resistance 1: | 1.1720 (current week high) |
| Resistance 2: | 1.1851 (June high) |
| Resistance 3: | 1.2015 (R1 monthly pivot) |
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