EUR/USD is attempting to consolidate just above the 1.0763 2000-2020 uptrend. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, analyzes the pair potential upside. Key quotes “1.0763 is key support and we look for it to hold the downside and provoke reversal.” “Near term rallies will need to regain 1.0879 (the October low) as an absolute minimum in order to alleviate immediate downside pressure.” “Resistance can now be seen at 1.0926, the September low, and the November low at 1.0981.” 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 Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. FXStreet News share Read Next Gold Futures: Scope for further gains FX Street 2 years EUR/USD is attempting to consolidate just above the 1.0763 2000-2020 uptrend. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, analyzes the pair potential upside. Key quotes “1.0763 is key support and we look for it to hold the downside and provoke reversal.” “Near term rallies will need to regain 1.0879 (the October low) as an absolute minimum in order to alleviate immediate downside pressure.” “Resistance can now be seen at 1.0926, the September low, and the November low at 1.0981.” 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.
