essure alleviated above 1.1455 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the pair’s downside pressure should be mitigated above 1.1455. Key Quotes “EUR/USD‘s rebound from the 1.1301 recent low last week ran out of steam at the 6 week downtrend at 1.1454 on Friday and the 20 day ma at 1.1455. The market will need to overcome this resistance in order to alleviate downside pressure and initiate recovery to the mid October high at 1.1623″. “Below 1.1300 we have a pivot line back to 2015 which is located at 1.1261 this week. While this holds the downside scope for recovery remains longer term. This guards the 61.8% retracement at 1.1185″. 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 Italy’s Di Maio: No security concerns on Chinese investments FX Street 4 years essure alleviated above 1.1455 - Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the pair's downside pressure should be mitigated above 1.1455. Key Quotes "EUR/USD's rebound from the 1.1301 recent low last week ran out of steam at the 6 week downtrend at 1.1454 on Friday and the 20 day ma at 1.1455. The market will need to overcome this resistance in order to alleviate downside pressure and initiate recovery to the mid October high at 1.1623". "Below 1.1300 we have a pivot line back to 2015 which is located at 1.1261 this week. While this holds… 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.
