Bulls are taking a breather as EUR/USD has erased most of the gains made in early European trading. Immediate resistance is now at 1.1640-1.1650 area, Tuesday’s high and May 25 low, a breach of the level can send the pair back to the 1.1600 handle. Bulls created a strong reversal on Tuesday and they will need to keep the market above the 1.1510, 2018 low, in order to keep the bear trend from extending. EUR/USD 15-minute chart Spot rate: 1.1669 Relative change: 0.05% High: 1.1725 Low: 1.1645 Trend: Neutral Support 1: 1.1640-1.1650 area, Tuesday’s high and May 25 low Support 2: 1.1600 figure and near Monday’s low Support 3: 1.1510 current week’s low Resistance 1: 1.1700 psychological figure Resistance 2: 1.1830 May 22 high Resistance 3: 1.1900 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 Basque Nationalist Party (PNV) so support Sánchez (PSOE) oust Mariano Rajoy – TVE FX Street 5 years Bulls are taking a breather as EUR/USD has erased most of the gains made in early European trading. Immediate resistance is now at 1.1640-1.1650 area, Tuesday's high and May 25 low, a breach of the level can send the pair back to the 1.1600 handle. Bulls created a strong reversal on Tuesday and they will need to keep the market above the 1.1510, 2018 low, in order to keep the bear trend from extending. EUR/USD 15-minute chart Spot rate: 1.1669 Relative change: 0.05% … 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.
