The EUR/USD pair is currently trading at a session high of 1.1465 and is witnessing a falling wedge breakout – bearish-to-bullish trend change – on the daily chart. The bullish pattern is backed by a positive cross between the 5-day and 10-day simple moving averages (SMAs), ascending (bullish) 50-, 100-, and 200-hour SMAs, and higher lows pattern on the hourly and 4-hour chart. The indicators are also biased toward the bulls. For instance, the MACD is rising on the 4-hour chart and the RSI is printing bullish levels above 60.00. The currency pair looks set to test the psychological level of 1.15. The greenback is being offered across the board in Asia. As per the latest reports, Democrats Stephanie Murphy has won re-election to the US House in Florida’s 7th Congressional District. It is worth noting that a Democrat majority in both Chambers is seen as a USD-negative outcome. Daily Chart Hourly Chart Trend: Bullish EUR/USD Overview:     Last Price:  1.1465     Daily change:  47  pips     Daily change:  0.412%     Daily Open:  1.1418 Trends:     Daily SMA20:  1.1453     Daily SMA50:  1.1557     Daily SMA100:  1.1586     Daily SMA200:  1.1857 Levels:     Daily High:  1.1438     Daily Low:  1.1392     Weekly High:  1.1456     Weekly Low:  1.1302     Monthly High:  1.1625     Monthly Low:  1.1302     Daily Fibonacci 38.2%:  1.142     Daily Fibonacci 61.8%:  1.1409     Daily Pivot Point S1:  1.1394     Daily Pivot Point S2:  1.1369     Daily Pivot Point S3:  1.1347     Daily Pivot Point R1:  1.144     Daily Pivot Point R2:  1.1462     Daily Pivot Point R3:  1.1487         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 drops below 113 as dollar weakens on early midterm election results FX Street 4 years The EUR/USD pair is currently trading at a session high of 1.1465 and is witnessing a falling wedge breakout - bearish-to-bullish trend change - on the daily chart. The bullish pattern is backed by a positive cross between the 5-day and 10-day simple moving averages (SMAs), ascending (bullish) 50-, 100-, and 200-hour SMAs, and higher lows pattern on the hourly and 4-hour chart. The indicators are also biased toward the bulls. For instance, the MACD is rising on the 4-hour chart and the RSI is printing bullish levels above 60.00. The currency pair looks set to test the psychological level… 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.
