EUR/USD is trading inside the range of the last four days ahead of the speeches at the ECB (European Central Bank) Forum in Sintra, Portugal, where ECB’s President Draghi will share a discussion panel with Federal Reserve Bank’s Chairman Jerome Powell and and Bank of Japan’s H.Kuroda at 13:30 GMT. EUR/USD is currently trapped in a tight trading range between 1.550 and 1.1600. A breakout above 1.1600 could lead to a test of 1.1650 while a strong breakout below the 1.1550 can lead to a retest of 1.1510, current 2018 low. EUR/USD 15-minute chart Spot rate: 1.1590 Relative change: 0.02% High: 1.1593 Low: 1.1536 Trend: Neutral Resistance 1: 1.1600 figure Resistance 2: 1.1645 June 19 high Resistance 3: 1.1730, 23.6% Fibonacci retracement from mid-April-May bear move Support 1: 1.1550 figure Support 2: 1.1510, current 2018 low Support 3: 1.1400 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 USD/CHF trims early gains, back around mid-0.9900s FX Street 3 years EUR/USD is trading inside the range of the last four days ahead of the speeches at the ECB (European Central Bank) Forum in Sintra, Portugal, where ECB's President Draghi will share a discussion panel with Federal Reserve Bank's Chairman Jerome Powell and and Bank of Japan's H.Kuroda at 13:30 GMT. EUR/USD is currently trapped in a tight trading range between 1.550 and 1.1600. A breakout above 1.1600 could lead to a test of 1.1650 while a strong breakout below the 1.1550 can lead to a retest of 1.1510, current 2018 low. EUR/USD 15-minute chart Spot rate: … Top 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.
