EUR/USD is currently having a 40-pip pullback from the daily highs after EUR/USD found resistance near the 1.1750 level. EUR/USD has not been trading above 1.1750 since July 11 and bulls will need to gather enough strength in order to breakout above the level. EUR/USD is testing the 100-period simple moving average however more consolidation might be on the cards. The bullish mometum has been temporarily halted and the next level of support to the downside can be located near the 1.1700 figure and 1.1672 level. EUR/USD 15-minute chart Spot rate: 1.1746 Relative change: 0.06% High: 1.1720 Low: 1.1700 Trend: Bearish Resistance 1: 1.1730-1.1740-1.1750 area, 23.6% Fibonacci retracement mid-April-May bear move, figure. Resistance 2: 1.1760-1.1795 supply levels Resistance 3: 1.1851-1.1854 area, June high and 38.2% Fibonacci retracement from mid-April-May bear move Support 1: 1.1700 figure Support 2: 1.1672 June 27 high Support 3: 1.1649 July 12 low Support 4: 1.1640-1.1649 key level and July 12 low Support 5: 1.1600-1.1613 figure and July 13 low Support 6: 1.1560 June 14 low Support 7: 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 Breaking News: US & China to seek restart of talks to defuse trade war – Bloomberg FX Street 5 years EUR/USD is currently having a 40-pip pullback from the daily highs after EUR/USD found resistance near the 1.1750 level. EUR/USD has not been trading above 1.1750 since July 11 and bulls will need to gather enough strength in order to breakout above the level. EUR/USD is testing the 100-period simple moving average however more consolidation might be on the cards. The bullish mometum has been temporarily halted and the next level of support to the downside can be located near the 1.1700 figure and 1.1672 level. EUR/USD 15-minute chart Spot rate: 1.1746 Relative change:… 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.
