EUR/USD is having a moderate bullish reaction as FOMC maintains target interest rate in 1.75-2.00%. EUR/USD is currently consolidating the 27-31 July bull move. EUR/USD is trying to find support at 1.1660 however the 1.1640 would be an even stronger support level as it was used as a pivot level for the last weeks of trading. To form a credible bottom, EUR/USD should hold 1.1672 and surpass 1.1700 or else a retest to 1.1640 becomes almost inevitable. EUR/USD 15-minute chart Spot rate: 1.1672 Relative change: -0.20% High: 1.1700 Low: 1.1657 Trend: Neutral / Bullish above 1.1672 Resistance 1: 1.1700 figure Resistance 2: 1.1730-1.1740-1.1750 area, 23.6% Fibonacci retracement mid-April-May bear move, figure. Resistance 3: 1.1760-1.1795 supply levels Resistance 4: 1.1851-1.1854 area, June high and 38.2% Fibonacci retracement from mid-April-May bear move Support 1: 1.1672 June 27 high Support 2: 1.1649 July 12 low Support 3: 1.1640-1.1649 key level and July 12 low Support 4: 1.1600-1.1613 figure and July 13 low Support 5: 1.1560 June 14 low Support 6: 1.1508 current 2018 low 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 US Dollar stays in daily range as Fed doesn’t offer any surprises, eyes on tariffs announcement FX Street 5 years EUR/USD is having a moderate bullish reaction as FOMC maintains target interest rate in 1.75-2.00%. EUR/USD is currently consolidating the 27-31 July bull move. EUR/USD is trying to find support at 1.1660 however the 1.1640 would be an even stronger support level as it was used as a pivot level for the last weeks of trading. To form a credible bottom, EUR/USD should hold 1.1672 and surpass 1.1700 or else a retest to 1.1640 becomes almost inevitable. EUR/USD 15-minute chart Spot rate: 1.1672 Relative change: -0.20% High: … 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.
