At the time of writing, the EUR/USD pair rises 0.30% to trade at 1.1881 and Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, targets the 200-month ma at 1.2635 as the pair has gone through tough resistance at 1.1815/33. Key quotes “EUR/USD is through tough resistance at 1.1815/33, this was a 61.8% Fibonacci retracement, a 12-year resistance line and the September 2018 high. We are surprised that this has not held the initial test. The break above here targets 1.2635/66, the 200-month ma.” “Initial support lies 1.1663 (cloud support) ahead of the March high at 1.1495. Ideally dips lower will be contained by the two-month uptrend at 1.1430.” 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 Cryptocurrency Market News: Bitcoin revives correlation with gold, what to expect? FX Street 3 years At the time of writing, the EUR/USD pair rises 0.30% to trade at 1.1881 and Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, targets the 200-month ma at 1.2635 as the pair has gone through tough resistance at 1.1815/33. Key quotes “EUR/USD is through tough resistance at 1.1815/33, this was a 61.8% Fibonacci retracement, a 12-year resistance line and the September 2018 high. We are surprised that this has not held the initial test. The break above here targets 1.2635/66, the 200-month ma.” “Initial support lies 1.1663 (cloud support) ahead of the March high at 1.1495. Ideally dips… 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.
