- EUR/USD is switching from a bearish to bullish trend.
- EUR/USD is currently consolidating the recent gains as the bears are trying to push EUR/USD below 1.1750 key level. The market is set to trade down towards 1.1722 (last week high) and 1.1700 figure.
- The main trend remains bullish so investors will consider pullback down as buying opportunities.
Spot rate: 1.1753
Relative change: -0.20%
High: 1.1802
Low: 1.1750
Main trend: Bullish
Resistance 1: 1.1800 figure
Resistance 2: 1.1853 June 14 high
Resistance 3: 1.1900 figure
Support 1: 1.1750 key resistance (July)
Support 2: 1.1722 last week high
Support 3: 1.1654 August 27 high
Support 4: 1.1630 August 8 high key level
Support 5: 1.1600 figure
Support 6: 1.1572 July 19 low
Support 7: 1.1542 supply/demand level
Support 8: 1.1530 August 23 swing low
Support 9: 1.1508 June 8 low
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