EUR/USD is trading sideways just below the 1.1700 figure ahead of the Trump-Juncker meeting scheduled at 17:30 GMT. EUR/USD has found some decent support just above the 1.1672 level as the bulls are trying to build a weekly base in the 1.1672-1.1700 zone. Both parties are pretty much in balance with bulls having a slight advantage in the near-term; their objective is to trade above Tuesday’s high and 1.1720 in order to reach 1.1730-1.1740 area. On the flip side bears want a breakout below 1.1672-1.1700 area in order to target the 1.1640-1.1649 zone. EUR/USD 15-minute chart Spot rate: 1.1692 Relative change: 0.05% High: 1.1706 Low: 1.1675 Trend: Bearish / Bullish correction Resistance 1: 1.1730-1.1740 area, 23.6% Fibonacci retracement mid-April-May bear move, key level. Resistance 2: 1.1760-1.1795 supply level Resistance 3: 1.1851-1.1854 area, June high and 38.2% Fibonacci retracement from mid-April-May bear move Support 1: 1.1672-1.1700 June 27 high and figure Support 2: 1.1640-1.1649 area, key level and July 12 low Support 3: 1.1600-1.1613 figure and July 13 low Support 4: 1.1560 June 14 low Support 5: 1.1508 current 2018 low Support 6: 1.1400 figure 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 GBP/USD clings to gains near 1-week tops, above mid-1.3100s FX Street 5 years EUR/USD is trading sideways just below the 1.1700 figure ahead of the Trump-Juncker meeting scheduled at 17:30 GMT. EUR/USD has found some decent support just above the 1.1672 level as the bulls are trying to build a weekly base in the 1.1672-1.1700 zone. Both parties are pretty much in balance with bulls having a slight advantage in the near-term; their objective is to trade above Tuesday's high and 1.1720 in order to reach 1.1730-1.1740 area. On the flip side bears want a breakout below 1.1672-1.1700 area in order to target the 1.1640-1.1649 zone. EUR/USD 15-minute chart Spot rate:… 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.
