EUR/USD recedes from Monday’s peaks in the vicinity of 1.1350. The pair stays well supported near 1.1170 in the near-term. EUR/USD’s upside momentum failed once again ahead of 1.1350 at the beginning of the week. A breakout of this interim hurdle is needed to allow for a potential move to YTD tops in the 1.1420/25 band in the short-term horizon. On the flip side, there is a tough support in the 1.1170/65 band. In the meantime, while above the 200-day SMA in the 1.1040 region, the constructive view is expected to remain well in place around EUR/USD. EUR/USD 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 Ripple Price Analysis: XRP bulls exhausted, downside correction ahead FX Street 3 years EUR/USD recedes from Monday’s peaks in the vicinity of 1.1350. The pair stays well supported near 1.1170 in the near-term. EUR/USD’s upside momentum failed once again ahead of 1.1350 at the beginning of the week. A breakout of this interim hurdle is needed to allow for a potential move to YTD tops in the 1.1420/25 band in the short-term horizon. On the flip side, there is a tough support in the 1.1170/65 band. In the meantime, while above the 200-day SMA in the 1.1040 region, the constructive view is expected to remain well in place around EUR/USD. EUR/USD 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.
