Spot remains within familiar ranges during the first half of the week, with gains clearly capped by the 1.1720/50 band for the time being. A breakout of this band is a necessary condition to attempt another visit to monthly peaks in the boundaries of 1.1800 the figure ahead of June’s tops in the mid-1.1800s. On the downside, key contention area remains in the 1.1675/70 band, where sit the 21-day SMA and the 200-hour SMA A break below this area should open the door for a visit to 1.1575 ahead of 1.1530 and then the 1.1500 neighbourhood. Near term, spot remains neutral/bearish while below last Monday’s tops at 1.1790. EUR/USD daily chart Daily high: 1.1717 Daily low: 1.1654 Support Levels S1: 1.1666 S2: 1.1641 S3: 1.1598 Resistance Levels R1: 1.1735 R2: 1.1777 R3: 1.1803 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 Canada: Focus on NAFTA negotiations – TDS FX Street 5 years Spot remains within familiar ranges during the first half of the week, with gains clearly capped by the 1.1720/50 band for the time being. A breakout of this band is a necessary condition to attempt another visit to monthly peaks in the boundaries of 1.1800 the figure ahead of June's tops in the mid-1.1800s. On the downside, key contention area remains in the 1.1675/70 band, where sit the 21-day SMA and the 200-hour SMA A break below this area should open the door for a visit to 1.1575 ahead of 1.1530 and then the 1.1500 neighbourhood. Near term, spot remains… 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.
