The Euro’s Friday rally has seen the EUR/USD drift into a high-risk turnaround zone with key resistance points scattered from 1.1750 to 1.1790, leaving the major pair open to an extended slide back into recent lows. The economic calendar for Monday is a thin affair, and market sentiment is squarely in the driver’s seat. Daily candles have the pair constrained in lower highs and higher lows, and traders should keep an eye out for decisive breaks in either direction to determine a new medium-term trend. EUR/USD Chart, 15-Minute Spot rate: 1.1735 Relative change: 0.10% High: 1.1750 Low: 1.1720 Trend: Strong potential for pullback Support 1: 1.1683 (38.2% Fibo retracement level) Support 2: 1.1625 (Friday swing low) Support 3: 1.1574 (previous week low) Resistance 1: 1.1750 (current day high) Resistance 2: 1.1790 (two-week high) Resistance 3: 1.1878 (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 USD/JPY: Put value rises sharply on confirmation of short-term bearish reversal FX Street 5 years The Euro's Friday rally has seen the EUR/USD drift into a high-risk turnaround zone with key resistance points scattered from 1.1750 to 1.1790, leaving the major pair open to an extended slide back into recent lows. The economic calendar for Monday is a thin affair, and market sentiment is squarely in the driver's seat. Daily candles have the pair constrained in lower highs and higher lows, and traders should keep an eye out for decisive breaks in either direction to determine a new medium-term trend. EUR/USD Chart, 15-Minute Spot rate: 1.1735 Relative change: 0.10% High: 1.1750 Low:… 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.
