- EUR/USD resolved the small rising wedge to the downside. The next support is likely the 1.1600 level.
- The bears will try to close the week as low as they can as they will try to reach the daily low at 1.1543.
EUR/USD 15-minute chart
Spot rate: 1.1605
Relative change: 0.33%
High: 1.1627
Low: 1.1543
Trend: Bearish
Resistance 1: 1.1600 figure
Resistance 2: 1.1650 June 5 low
Resistance 3: 1.1730, 23.6% Fibonacci retracement from mid-April-May bear move
Resistance 4: 1.1775 supply/demand level
Support 1: 1.1550 figure
Support 2: 1.1510, 2018 low
Support 3: 1.1420, daily 200-period simple moving average
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