EUR/USD is about to close the day and the week near its low. Bears managed to keep the market below the 1.1600 level and the 200-period simple moving average. Bears will need to break below 1.1560 in order to extend the bear trend while bulls need to regain the 1.1600-1.1613 in order to create a bull reversal. Bears next objectives are likely located near the 1.1527 June 26 low and 1.1508 current 2018 low. EUR/USD 15-minute chart Spot rate: 1.1568 Relative change: -0.14% High: 1.1611 Low: 1.1560 Trend: Bearish Resistance 1: 1.1600-1.1613 figure and July 13 low Resistance 2: 1.1640-1.1649 area, key level and July 12 low Resistance 3: 1.1672 June 27 high Resistance 4: 1.1700 figure Resistance 5: 1.1730-1.1740-1.1750 area, 23.6% Fibonacci retracement mid-April-May bear move, figure. Resistance 6: 1.1760-1.1795 supply levels Resistance 7: 1.1851-1.1854 area, June high and 38.2% Fibonacci retracement from mid-April-May bear move Support 1: 1.1560 August 3 low Support 2: 1.1527 June 26 low Support 3: 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 Bitcoin Cash Technical Analysis: BCH/USD at danger of giving up the $700 territory, as bears keep on the pressure FX Street 5 years EUR/USD is about to close the day and the week near its low. Bears managed to keep the market below the 1.1600 level and the 200-period simple moving average. Bears will need to break below 1.1560 in order to extend the bear trend while bulls need to regain the 1.1600-1.1613 in order to create a bull reversal. Bears next objectives are likely located near the 1.1527 June 26 low and 1.1508 current 2018 low. EUR/USD 15-minute chart Spot rate: 1.1568 Relative change: -0.14% High: … 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.
