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  • The EUR/USD pair is on the rise, but the USD is seeing some buying in Tuesday’s early market window.
  • German ZEW surveys due for Tuesday, but otherwise a quiet day on the docket.
  • Bulls should wait for a finished pullback before adding into long positions.

EUR/USD Chart, 15-Minute

Spot rate:   1.1740
Relative change:   -0.10%
High:   1.1762
Low:   1.1738
   
Trend:   Bullish
   
Support 1:   1.1685 (38.2% Fibo retracement level)
Support 2:   1.1627 (61.8% Fibo retracement level)
Support 3:   1.1590 (previous week low)
   
Resistance 1:   1.1790 (current week high)
Resistance 2:   1.1850 (one month high)
Resistance 3:   1.1878 (R2 weekly pivot)