EUR/USD is approaching the 1.13 level and as the pair stays above 1.1168, Commerzbank’s Axel Rudolph is looking at the 1.1422 June high with the March high at 1.1495 then capping. Key quotes “We will retain our bullish bias while EUR/USD stays above its 1.1168 June 22 low on a daily chart closing basis. While this is the case we will continue to target key resistance at the 1.1422 June high.” “The 1.1422 June high, together with the March high at 1.1495, represents quite formidable resistance which we would expect to cap at first.” “A break above the March high at 1.1495 is eventually favoured and would target the 2019 high at 1.1570, then 1.1815/22, the 61.8% Fibonacci retracement of the move down from the 2018 peak and the September 2018 high.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next S&P 500: Buy the dips ahead of earnings season – Citibank FX Street 3 years EUR/USD is approaching the 1.13 level and as the pair stays above 1.1168, Commerzbank’s Axel Rudolph is looking at the 1.1422 June high with the March high at 1.1495 then capping. Key quotes “We will retain our bullish bias while EUR/USD stays above its 1.1168 June 22 low on a daily chart closing basis. While this is the case we will continue to target key resistance at the 1.1422 June high.” “The 1.1422 June high, together with the March high at 1.1495, represents quite formidable resistance which we would expect to cap at first.” “A break above the March high… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
