EUR/USD bulls surprised bears as they manage to create a bullish reversal from the 1.1600 figure. Buyers have now surpassed the 1.1650 psychological level and the 50 and 100-period simple moving average. A bull breakout above the current daily high at 1.1665 would be seen as strongly bullish. Scaling points to the upside are likely located near 1.1677 and the 1.1700 figure. EUR/USD 15-minute chart Spot rate: 1.1659 Relative change: -0.02% High: 1.1665 Low: 1.1602 Trend: Neutral to bullish Resistance 1: 1.1672 June 27 high Resistance 2: 1.1700 figure Resistance 3: 1.1730-1.1740 area, 23.6% Fibonacci retracement from mid-April-May bear move and last week’s open. Resistance 4: 1.1790 last week’s high Resistance 5: 1.1851-1.1854 area, June high and 38.2% Fibonacci retracement from mid-April-May bear move Support 1: 1.1640-1.1649 area, key level and July 12 low Support 2: 1.1600-1.1613 figure and last week’s low Support 3: 1.1560 June 14 low Support 4: 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 AUD/USD extends gains and rises above 0.7400 FX Street 5 years EUR/USD bulls surprised bears as they manage to create a bullish reversal from the 1.1600 figure. Buyers have now surpassed the 1.1650 psychological level and the 50 and 100-period simple moving average. A bull breakout above the current daily high at 1.1665 would be seen as strongly bullish. Scaling points to the upside are likely located near 1.1677 and the 1.1700 figure. EUR/USD 15-minute chart Spot rate: 1.1659 Relative change: -0.02% High: 1.1665 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.
