EUR/USD Technical Analysis: Euro reversal attempt, trading above 1.1650

• EUR/USD bulls are trading above Tuesday’s high at 1.1640 as bulls staged a rebound from the 2018 low at 1.1510 established on Tuesday.
• Bulls need to keep the market above 1.1600-1.1650 in order to keep the momentum.  
• Today’s reversal attempt is potentially valid as EUR/USD tested a key swing low at 1.1553 established on November 7, 2017.  

EUR/USD 15-minute chart

Spot rate:               1.1659
Relative change:   1.09%      
High:                       1.1676
Low:                        1.1518

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