EUR/USD was unable to breakout above the daily high at 1.1665 and is now back near the 1.1640 support and just below its 100-period simple moving average. EUR/USD bears want to pull away from the current level to retest the 1.1600 level while bulls want to overcome the current daily high and the 1.1672 in order to retest the 1.1700 figure. The overall bias remains bearish as EUR/USD is trading below its 200-period simple moving average. EUR/USD 15-minute chart Spot rate: 1.1640 Relative change: -0.18% High: 1.1665 Low: 1.1602 Trend: Bearish 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 Trade wars: Trump’s hardline trade measures are “just the beginning – Nomura FX Street 5 years EUR/USD was unable to breakout above the daily high at 1.1665 and is now back near the 1.1640 support and just below its 100-period simple moving average. EUR/USD bears want to pull away from the current level to retest the 1.1600 level while bulls want to overcome the current daily high and the 1.1672 in order to retest the 1.1700 figure. The overall bias remains bearish as EUR/USD is trading below its 200-period simple moving average. EUR/USD 15-minute chart Spot rate: 1.1640 Relative change: -0.18% 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.
