EUR/USD daily chart EUR/USD is trading in a bear trend below its main simple moving average (SMAs). The US Gross Domestic Product Annualized (GDP) for the first quarter came in at 3.2% vs. 2.1% forecast. After an initial reaction down, EUR/USD is now correcting to the upside. EUR/USD 4-hour chart EUR/USD is trading below its main SMAs suggesting a bearish bias in the medium-term. EUR/USD 30-minute chart EUR/USD is trading above its 50 and 100 SMAs suggesting a correction up Resistances to the upside are seen at 1.1160 and 1.1200 level. Support is at 1.1200 and 1.1080 level. 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 USD/CAD spikes to 1.35 after US GDP data, quickly returns to negative territory near 1.3470 FX Street 4 years EUR/USD daily chart EUR/USD is trading in a bear trend below its main simple moving average (SMAs). The US Gross Domestic Product Annualized (GDP) for the first quarter came in at 3.2% vs. 2.1% forecast. After an initial reaction down, EUR/USD is now correcting to the upside. EUR/USD 4-hour chart EUR/USD is trading below its main SMAs suggesting a bearish bias in the medium-term. EUR/USD 30-minute chart EUR/USD is trading above its 50 and 100 SMAs suggesting a correction up Resistances to the upside are seen at 1.1160 and 1.1200 level. Support is at 1.1200 and 1.1080 level. Additional key… 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.
