EUR/USD is reversing its earlier losses as the market is nearing the weekly high. A break above 1.1107 can lead to further gains towards the 1.1132 level. Italy’s League withdraws no-confidence motion against PM Conte – ANSA EUR/USD daily chart On the daily time-frame, the common currency is trading in a bear trend below the main daily simple moving averages (DSMAs). The Euro is bouncing from 2-week lows as the US Dollar is losing steam. EUR/USD 4-hour chart The Fiber is trading above the 1.1090 support and below its main SMAs. A break above 1.1107 resistance can lead to the 1.1132 level, according to the Technical Confluences Indicator. EUR/USD 30-minute chart EUR/USD is challenging the 200 SMAs, suggesting a consolidation in the near term. Immediate support can be seen at the 1.1090, 1.1067 level, 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 Most cryptocurrency exchanges in South Korea are subject to bankruptcy FX Street 4 years EUR/USD is reversing its earlier losses as the market is nearing the weekly high. A break above 1.1107 can lead to further gains towards the 1.1132 level. Italy's League withdraws no-confidence motion against PM Conte - ANSA EUR/USD daily chart On the daily time-frame, the common currency is trading in a bear trend below the main daily simple moving averages (DSMAs). The Euro is bouncing from 2-week lows as the US Dollar is losing steam. EUR/USD 4-hour chart The Fiber is trading above the 1.1090 support and below its main SMAs. A break above 1.1107 resistance can 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.