EUR/USD is now attempting a rebound to levels above the key barrier at 1.11 the figure on the back of the current tariffs-led dip in the greenback. The immediate hurdle aligns at 1.1101 (previous YTD low) ahead of the more relevant 1.1130 area, where sits the 10-day SMA. However, while below the key 55-day SMA at 1.1229, the downside bias should remain unchanged and allow for another visit to new 2019 lows in the vicinity of 1.1020. Further downside thus remains on the cards with the next target of significance at 1.0839 (2017 lows recorded on May 11). 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 China is likely to respond with tariffs and policy easing – Standard Chartered FX Street 4 years EUR/USD is now attempting a rebound to levels above the key barrier at 1.11 the figure on the back of the current tariffs-led dip in the greenback. The immediate hurdle aligns at 1.1101 (previous YTD low) ahead of the more relevant 1.1130 area, where sits the 10-day SMA. However, while below the key 55-day SMA at 1.1229, the downside bias should remain unchanged and allow for another visit to new 2019 lows in the vicinity of 1.1020. Further downside thus remains on the cards with the next target of significance at 1.0839 (2017 lows recorded on May 11). EUR/USD daily… 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.
