EUR/USD is nearing the 1.0800 figure on broad-based USD strength. The level to beat for bears is the 1.0820 support. EUR/USD daily chart EUR/USD is trading in 6-day’s lows while trading below its main SMAs on the daily chart. The market remains however in familiar ranges seen in March and February. EUR/USD four-hour chart The fiber is grinding lower while trading below its main SMAs as bears are challenging the 1.0820 support level. A break of which could open the doors to further losses towards the 1.0771 and 1.0714 level on the way down. Meanwhile, immediate resistance can be expected near the 1.0890 and 1.0930 levels, according to the Technical Confluences Indicator. Resistance: 1.0890, 1.0930, 1.0970 Support: 1.0820, 1.0771, 1.0714 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 AUD/USD returns to 0.6300 area ahead of key China data FX Street 2 years EUR/USD is nearing the 1.0800 figure on broad-based USD strength. The level to beat for bears is the 1.0820 support. EUR/USD daily chart EUR/USD is trading in 6-day’s lows while trading below its main SMAs on the daily chart. The market remains however in familiar ranges seen in March and February. EUR/USD four-hour chart The fiber is grinding lower while trading below its main SMAs as bears are challenging the 1.0820 support level. A break of which could open the doors to further losses towards the 1.0771 and 1.0714 level on the way down. Meanwhile, immediate… 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.
