EUR/USD has rallied towards and failed just ahead of the 200-day moving average and the current May high at 1.1014/19, per Commerzbank’s Karen Jones. The world’s most popular currency pair is currently trading at 1.0930. Key quotes “Ideally dips will hold circa 1.0890 for another leg higher. A close above here (favoured) is needed to regenerate upside interest to the 1.1240 December peak and beyond.” “Dips should find that the short-term uptrend at 1.0797 offers support and while above here will assume a neutral to positive bias.” 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 USD/JPY: Diminishing odds for further upside – UOB FX Street 2 years EUR/USD has rallied towards and failed just ahead of the 200-day moving average and the current May high at 1.1014/19, per Commerzbank’s Karen Jones. The world’s most popular currency pair is currently trading at 1.0930. Key quotes “Ideally dips will hold circa 1.0890 for another leg higher. A close above here (favoured) is needed to regenerate upside interest to the 1.1240 December peak and beyond.” “Dips should find that the short-term uptrend at 1.0797 offers support and while above here will assume a neutral to positive bias.” 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.
