EUR/USD is having an extraordinary large reversal up from the 2019 lows. The level to beat for bulls is the 1.1518 resistance. EUR/USD weekly chart The spot is reversing up sharply from 34-month lows as the market is virtually erasing the 2019 losses in less than a month of trading. There are no signs that the euro should slow down and a spike to the 2019 high in the 1.1569/1.6000 zone cannot be ruled out. EUR/USD four-hour chart EUR/USD is spiking to the upside, continuing last weeks’ bullish run. As the buyers remain firmly in control the spot could appreciate further towards the 1.1471, 1.1518 and 1.11566 price levels. Support can be expected near the 1.1400/1.1363 price zone and 1.1300 figure, according to the Technical Confluences Indicator. Resistance: 1.1471, 1.1518, 1.1566 Support: 1.1400, 1.1363, 1.1300 Additional key levels 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 EUR/USD: Extraordinary conditions to continue FX Street 3 years EUR/USD is having an extraordinary large reversal up from the 2019 lows. The level to beat for bulls is the 1.1518 resistance. EUR/USD weekly chart The spot is reversing up sharply from 34-month lows as the market is virtually erasing the 2019 losses in less than a month of trading. There are no signs that the euro should slow down and a spike to the 2019 high in the 1.1569/1.6000 zone cannot be ruled out. EUR/USD four-hour chart EUR/USD is spiking to the upside, continuing last weeks' bullish run. As the buyers remain firmly in control… 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.
