The Euro is continuing the correction up which started last week. The next main resistance is seen at the 1.1110 level. EUR/USD daily chart The Euro, on the daily chart, is trading in a bear trend below downward sloping 100 and 200-day simple moving averages (DMAs). This Monday, the market is continuing the correction that started last week. EUR/USD four-hour chart The spot broke above the 1.1075 resistance and the main SMAs, opening the gates to further gains towards the 1.1110 and 1.1150 levels, according to the Technical Confluences Indicator. EUR/USD 30-minute chart EUR/USD is spiking while above its main SMAs, suggesting a bullish bias in the near term. Support is seen at the 1.1075, 1.1050, 1.1032 and 1.1016 support levels. Additional key levels 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 technical analysis: BTC/USD bears targeting $7000 territory return FX Street 3 years The Euro is continuing the correction up which started last week. The next main resistance is seen at the 1.1110 level. EUR/USD daily chart The Euro, on the daily chart, is trading in a bear trend below downward sloping 100 and 200-day simple moving averages (DMAs). This Monday, the market is continuing the correction that started last week. EUR/USD four-hour chart The spot broke above the 1.1075 resistance and the main SMAs, opening the gates to further gains towards the 1.1110 and 1.1150 levels, according to the Technical Confluences Indicator.… 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.
