EUR/USD lost bullish momentum has it found strong selling interest just above the 1.1710 level. EUR/USD is now erasing the daily gains and en route to challenge the weekly low at 1.1653. EUR/USD short-term bias has now switched in favor of the bears as EUR/USD is trading below its main simple moving averages. However, it remains to be seen if the bears can sustain the bearish momentum throughout the day. The 1.1654 level will be the strongest hurdle to overcome followed by the 1.1640-1.1649 area. EUR/USD 15-minute chart Spot rate: 1.1673 Relative change: -0.11% High: 1.1712 Low: 1.1667 Trend: Bearish Resistance 1: 1.1730-1.1740 area, 23.6% Fibonacci retracement mid-April-May bear move, key level. Resistance 2: 1.1760-1.1795 supply level Resistance 3: 1.1851-1.1854 area, June high and 38.2% Fibonacci retracement from mid-April-May bear move Support 1: 1.1672-1.1700 June 27 high and figure Support 2: 1.1654 current weekly low Support 3: 1.1640-1.1649 area, key level and July 12 low Support 4: 1.1600-1.1613 figure and July 13 low Support 5: 1.1560 June 14 low Support 6: 1.1508 current 2018 low 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 Stellar price analysis: XLM/USD capped below $0.31; Stellar partners with TransferTo for cross-border payments FX Street 5 years EUR/USD lost bullish momentum has it found strong selling interest just above the 1.1710 level. EUR/USD is now erasing the daily gains and en route to challenge the weekly low at 1.1653. EUR/USD short-term bias has now switched in favor of the bears as EUR/USD is trading below its main simple moving averages. However, it remains to be seen if the bears can sustain the bearish momentum throughout the day. The 1.1654 level will be the strongest hurdle to overcome followed by the 1.1640-1.1649 area. EUR/USD 15-minute chart Spot rate: 1.1673… 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.
