According to Axel Rudolph, Senior FICC Technical Analyst at Commerzbank, the pair could still attempt a test of the boundaries of 1.1100 while above the 1.0989 level. Key Quotes “EUR/USD is slipping back to the 1.0989 mid-November low. Whilst it holds, last week’s high at 1.1097 may be revisited, a rise above which would have the 1.1180 October high in its sights. Above 1.1180 will target the 200 week ma at 1.1359″. “Below 1.0989 lies the 1.0943 78.6% retracement”. 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 CME OPEC Watch Tool: Probability of OPEC+ maintaining output cuts stands at 81.51% FX Street 3 years According to Axel Rudolph, Senior FICC Technical Analyst at Commerzbank, the pair could still attempt a test of the boundaries of 1.1100 while above the 1.0989 level. Key Quotes "EUR/USD is slipping back to the 1.0989 mid-November low. Whilst it holds, last week's high at 1.1097 may be revisited, a rise above which would have the 1.1180 October high in its sights. Above 1.1180 will target the 200 week ma at 1.1359". "Below 1.0989 lies the 1.0943 78.6% retracement". 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.
