- 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.
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) |