EUR/USD traded as high as 1.1097 but reversed course and is now virtually unchanged on a daily basis. The level to beat for bulls is the 1.1083 resistance. EUR/USD daily chart Euro/dollar, on the daily chart, is trading in a bear trend below its downward sloping 100 and 200-day simple moving averages (DMAs). The market is trapped in a range for the third consecutive day. EUR/USD four-hour chart The spot tried to break above the 1.1083 but is currently being rejected in the New York session. A daily close above the level could lead to the 1.1112 and 1.1152 resistances, according to the Technical Confluences Indicator. EUR/USD 30-minute chart EUR/USD is trading above the 200 SMA, suggesting a bullish bias in the near term. The main support is seen at the 1.1043 level. However, a daily close below this point could lead to a secline towards the 1.1014 and 1.0991 levels, according to the Technical Confluences Indicator. 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 US based think tank conducts report on illegal transactions via the dark web FX Street 3 years EUR/USD traded as high as 1.1097 but reversed course and is now virtually unchanged on a daily basis. The level to beat for bulls is the 1.1083 resistance. EUR/USD daily chart Euro/dollar, on the daily chart, is trading in a bear trend below its downward sloping 100 and 200-day simple moving averages (DMAs). The market is trapped in a range for the third consecutive day. EUR/USD four-hour chart The spot tried to break above the 1.1083 but is currently being rejected in the New York session. A daily close above the level could lead… 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.
