EUR/USD confirmed a bullish reversal with a 0.57% rise on Wednesday. The Aug. 22 low of 1.1064 could come into play during the day ahead. EUR/USD closed 0.57% higher on Wednesday, confirming the bearish-to-bullish trend change signaled by the preceding day’s Dragonfly Doji. The pair has also found acceptance above the Aug. 1 low of 1.1027. So, the next key resistance at 1.1064 (Aug. 22 low) could be put to test during the day ahead. The bullish candlestick setup on the daily chart would be invalidated if the spot drops below Wednesday’s low of 1.0968, although, as of writing, that looks unlikely. As of writing, the pair is flat-lined around 1.1034. Daily chart Trend: Bullish Technical levels 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’s Commerce Ministry: China, US to hold trade talks in early October in Washington FX Street 4 years EUR/USD confirmed a bullish reversal with a 0.57% rise on Wednesday. The Aug. 22 low of 1.1064 could come into play during the day ahead. EUR/USD closed 0.57% higher on Wednesday, confirming the bearish-to-bullish trend change signaled by the preceding day's Dragonfly Doji. The pair has also found acceptance above the Aug. 1 low of 1.1027. So, the next key resistance at 1.1064 (Aug. 22 low) could be put to test during the day ahead. The bullish candlestick setup on the daily chart would be invalidated if the spot drops below Wednesday's low of 1.0968, although, as of writing, that… 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.
