EUR/USD resumed the downside and dropped to 1.0653. Next on the downside emerges the April 2017 low at 1.0569. In spite of the ongoing bounce off YTD lows near 1.0650, EUR/USD remains under pressure in the current high volatility context. While below the 55-day SMA, today at 1.1053, the pair is expected to keep the negative view unchanged. Against this backdrop, a breach of recent lows in the mid-1.0600s should expose the next support of significance at the April 2017 low at 1.0569 ahead of the February 2017 low at 1.0493. EURUSD daily chart 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 NZD/USD recovers above 0.5800 on easing concerns over USD shortage FX Street 2 years EUR/USD resumed the downside and dropped to 1.0653. Next on the downside emerges the April 2017 low at 1.0569. In spite of the ongoing bounce off YTD lows near 1.0650, EUR/USD remains under pressure in the current high volatility context. While below the 55-day SMA, today at 1.1053, the pair is expected to keep the negative view unchanged. Against this backdrop, a breach of recent lows in the mid-1.0600s should expose the next support of significance at the April 2017 low at 1.0569 ahead of the February 2017 low at 1.0493. EURUSD daily chart 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.
