Fed’s Powell speech did not provide the volatility needed for the market to escape the tight trading range. 1.1200 has been capping prices in the Asian and European session. EUR/USD daily chart EUR/USD is trading in a bear trend below its main simple moving averages (SMAs). EUR/USD 4-hour chart EUR/USD is trading below its main SMAs while the market has been consolidatin.g since this Monday. EUR/USD 30-minute chart EUR/USD has kept the range theme intact since this Monday. Bears are looking for a break below 1.1170 to reach 1.1140 and potentially 1.1100 figure. Resistance is at 1.1200 and 1.1220 level. Additional key levels  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 Norway: Q1 GDP likely to grow at 0.3% – Nordea Markets FX Street 3 years  Fed's Powell speech did not provide the volatility needed for the market to escape the tight trading range. 1.1200 has been capping prices in the Asian and European session. EUR/USD daily chart EUR/USD is trading in a bear trend below its main simple moving averages (SMAs). EUR/USD 4-hour chart EUR/USD is trading below its main SMAs while the market has been consolidatin.g since this Monday. EUR/USD 30-minute chart EUR/USD has kept the range theme intact since this Monday. Bears are looking for a break below 1.1170 to reach 1.1140 and potentially 1.1100 figure. Resistance is at 1.1200 and 1.1220… 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.