EUR/USD registers a three-day winning streak. MACD turns positive for the first time in seven weeks. 10-day SMA holds the key to the monthly low. EUR/USD remains mildly positive, +0.08%, while taking rounds to 1.0860 during the early Tuesday. The pair continues its run-up beyond 10-day SMA while bullish MACD after multiple days also favor the odds of further recovery. In doing so, the 21-day SMA level of 1.0922 can lure the short-term buyers if the quote manages to stay strong beyond 1.0900 round-figure. If the upside momentum prevails past-1.0922, a downward sloping trend line from January 16 and the previous month bottom surrounding 1.0985/90 could challenge the buyers. On the contrary, the pair’s daily closing below the 10-day SMA level of 1.0835 can avail 1.0800 as an intermediate halt before revising the monthly low surrounding 1.0780. EUR/USD daily chart Trend: Recovery expected 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 BOJ senior official: Will take appropriate steps as needed by looking at impact of fx moves FX Street 2 years EUR/USD registers a three-day winning streak. MACD turns positive for the first time in seven weeks. 10-day SMA holds the key to the monthly low. EUR/USD remains mildly positive, +0.08%, while taking rounds to 1.0860 during the early Tuesday. The pair continues its run-up beyond 10-day SMA while bullish MACD after multiple days also favor the odds of further recovery. In doing so, the 21-day SMA level of 1.0922 can lure the short-term buyers if the quote manages to stay strong beyond 1.0900 round-figure. If the upside momentum prevails past-1.0922, a downward sloping trend line from January 16 and the… 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.
