Analysts at Societe Generale offer their technical outlook for trading the EUR/USD pair in the day ahead. Key Quotes: “EUR/USD has pulled back towards the neckline of a double bottom confirmed last year at 1.1510/1.1450, also the 50% retracement of whole up move since 2017. This is a significant support area. Only a break below will denote a larger correction towards 1.1354 and even 1.1187/20. 1.1855/85 will be the first layer of resistance.” 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 Market movers for today – Rabobank FX Street 4 years Analysts at Societe Generale offer their technical outlook for trading the EUR/USD pair in the day ahead. Key Quotes: "EUR/USD has pulled back towards the neckline of a double bottom confirmed last year at 1.1510/1.1450, also the 50% retracement of whole up move since 2017. This is a significant support area. Only a break below will denote a larger correction towards 1.1354 and even 1.1187/20. 1.1855/85 will be the first layer of resistance." Top 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.
