The Euro is returning to the mean in higher timeframes as the EUR/USD continues to trade in a rough sideways channel. A slew of Markit PMIs for Europe today could see a kick in volatility, though the meaningful readings will be the PMIs for Germany and the general Eurozone. Traders will be looking for a bullish turnaround from last week’s lows near 1.1620. EUR/USD Chart, 15-Minute Spot rate: 1.1678 Relative change: -0.10% High: 1.1692 Low: 1.1675 Trend: Flat to bearish Support 1: 1.1667 (61.8% Fibo retracement level) Support 2: 1.1649 (current week low) Support 3: 1.1619 (previous week low) Resistance 1: 1.1718 (Monday high) Resistance 2: 1.1745 (current week high) Resistance 3: 1.1794 (R3 daily pivot) 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 UK’s Hammond seeks another round of spending cuts – London Times FX Street 5 years The Euro is returning to the mean in higher timeframes as the EUR/USD continues to trade in a rough sideways channel. A slew of Markit PMIs for Europe today could see a kick in volatility, though the meaningful readings will be the PMIs for Germany and the general Eurozone. Traders will be looking for a bullish turnaround from last week's lows near 1.1620. EUR/USD Chart, 15-Minute Spot rate: 1.1678 Relative change: -0.10% High: 1.1692 Low: 1.1675 Trend: Flat to bearish Support 1: 1.1667 (61.8% Fibo retracement level) Support 2: … 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.
