EUR/USD remains under the microscope near the 1.10 area. Immediate target is located at the 55-day SMA around 1.1040. EUR/USD keeps navigating the lower bound of the recent range near the key support at 1.10 the figure. Key resistance is seen at the 55-day SMA in the 1.1040 region. Above this level, the downside pressure should mitigate somewhat and allow for a potential test of last week’s highs in 1.1095/1.1100 band. On the opposite side, a breakdown of this important area of contention on a sustainable fashion should reassert the downside bias and allow for a deeper move to 2019 low at 1.0879. 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 US: Consumer confidence and new home sales in focus – TDS FX Street 3 years EUR/USD remains under the microscope near the 1.10 area. Immediate target is located at the 55-day SMA around 1.1040. EUR/USD keeps navigating the lower bound of the recent range near the key support at 1.10 the figure. Key resistance is seen at the 55-day SMA in the 1.1040 region. Above this level, the downside pressure should mitigate somewhat and allow for a potential test of last week's highs in 1.1095/1.1100 band. On the opposite side, a breakdown of this important area of contention on a sustainable fashion should reassert the downside bias and allow for a deeper move to 2019… 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.
