EUR/USD broke the former weekly high at 1.1645 in early Europe to reach 1.1676. EUR/USD is now consolidating the recent 170-pip bull move of the last 24 hours. EUR/USD bulls will need to breakout above the current week’s high in order to extend the bull move. However, a failure to break above the level can trigger some profit-taking and short-selling as the week comes to an end. EUR/USD 15-minute chart Spot rate: 1.1651 Relative change: 0.40% High: 1.1676 Low: 1.1599 Trend: Neutral Resistance 1: 1.1676 current week’s high Resistance 2: 1.1730, 23.6% Fibonacci retracement from mid-April-May bear move Resistance 3: 1.1800 figure Support 1: 1.1645 Tuesday’s high and 50-period SMA (4h) Support 2: 1.1600 figure Support 3: 1.1550 figure Support 4: 1.1508, current 2018 low 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/CAD clinches 2018 highs near 1.3380 post CPI FX Street 5 years EUR/USD broke the former weekly high at 1.1645 in early Europe to reach 1.1676. EUR/USD is now consolidating the recent 170-pip bull move of the last 24 hours. EUR/USD bulls will need to breakout above the current week's high in order to extend the bull move. However, a failure to break above the level can trigger some profit-taking and short-selling as the week comes to an end. EUR/USD 15-minute chart Spot rate: 1.1651 Relative change: 0.40% High: 1.1676 Low: … 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.
