EUR/USD is rebounding from the April’s lows while challenging the 1.0900 figure. The correction up can extend towards 1.0970 and 1.1044 price levels. EUR/USD daily chart EUR/USD is rebounding from the 1.0800 figure while trading below its main DMA (daily simple moving average) as DXY (US dollar index) is losing steam this Tuesday. EUR/USD four-hour chart EUR/USD is challenging the 1.0920 resistance near the 50/100 SMAs on the four-hour chart as the spot is rebounding from the April’s lows. A break above the above-mentioned level could lead to further advances towards the 1.0970 and 1.1044 price levels while support can be expected near the 1.0885, 1.0839 and 1.0800 levels. Resistance: 1.0920, 1.0970, 1.1044 Support: 1.0885, 1.0839, 1.0800 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 Coronavirus: Easing lockdowns and restarting the economies are essential for currencies FX Street 2 years EUR/USD is rebounding from the April’s lows while challenging the 1.0900 figure. The correction up can extend towards 1.0970 and 1.1044 price levels. EUR/USD daily chart EUR/USD is rebounding from the 1.0800 figure while trading below its main DMA (daily simple moving average) as DXY (US dollar index) is losing steam this Tuesday. EUR/USD four-hour chart EUR/USD is challenging the 1.0920 resistance near the 50/100 SMAs on the four-hour chart as the spot is rebounding from the April’s lows. A break above the above-mentioned level could lead to further advances towards the 1.0970 and 1.1044 price… Top 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.
