EUR/USD has ranged between 1.1300 and 1.1345 of late, although on a wider perspective, the 50% Fibo of the latest swing high to low, located in the 1.2980s has been a support structure that if broken could give way to the 1.1230s – 23.5% Fibo of the same range between 1.1420 and 1.1180. On the upside, bulls can look for a test of the 1.14 handle on a break of 1.1370 and the 78.6% fibo (confluence with the 20th Feb highs). However, the decision trendline at that juncture could be problematic and spark a bearish move back in line within the descending channel – making for fresh lows for the month of April. 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 NZIER lowers New Zealand’s 2019 GDP forecasts FX Street 4 years EUR/USD has ranged between 1.1300 and 1.1345 of late, although on a wider perspective, the 50% Fibo of the latest swing high to low, located in the 1.2980s has been a support structure that if broken could give way to the 1.1230s - 23.5% Fibo of the same range between 1.1420 and 1.1180. On the upside, bulls can look for a test of the 1.14 handle on a break of 1.1370 and the 78.6% fibo (confluence with the 20th Feb highs). However, the decision trendline at that juncture could be problematic and spark a bearish move back in line… 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.
