EUR/USD seesaws around the week’s top inside short-term bullish chart pattern. A sustained run-up beyond 200-HMA, bullish MACD favor the buyers. Sellers will wait for a clear break below 50% Fibonacci retracement for fresh entries. EUR/USD picks up the bids near 1.1810, up 0.06% on a day, during Wednesday’s Asian session. The major pair cheers trading beyond 200-HMA amid bullish MACD. However, the resistance-line of an immediate upward sloping trend channel seems to probe the buyers. As a result, the traders may witness a pullback move towards 1.1750 support should the quote slips under 1.1800. However, a 200-HMA level of 1.1745 and the support line of the aforementioned channel, at 1.1730 now, will keep stopping the bears. In a case of the pair’s declines below 1.1730, 50% Fibonacci retracement of July 22-31 upside, near 1.1710/05, will be the key as a clear break of the same could aim for July 23 to near 1.1630. Alternatively, an upside clearance of the channel’s resistance, at 1.1820 now, will attack 1.1860 and 1.1900 levels before targeting the previous month’s peak near 1.1910. EUR/USD hourly chart Trend: Bullish 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 Leading blockchain auditing firm predicts Cardano will outperform Tezos FX Street 2 years EUR/USD seesaws around the week’s top inside short-term bullish chart pattern. A sustained run-up beyond 200-HMA, bullish MACD favor the buyers. Sellers will wait for a clear break below 50% Fibonacci retracement for fresh entries. EUR/USD picks up the bids near 1.1810, up 0.06% on a day, during Wednesday’s Asian session. The major pair cheers trading beyond 200-HMA amid bullish MACD. However, the resistance-line of an immediate upward sloping trend channel seems to probe the buyers. As a result, the traders may witness a pullback move towards 1.1750 support should the quote slips under 1.1800. However, a 200-HMA level of… 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.