EUR/USD is extending the rangebound pattern just above the 1.1100 area sparked in the wake of the ECB event last week. The negative bias remains entrenched while below the 55-day SMA at 1.1233 and recent tops in the 1.1280/90 band. Against this backdrop, another test of YTD lows in the 1.1100 neighbourhood remains well on the cards in the short-term horizon. EUR/USD daily chart 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 Indonesia July inflation seen staying near June rate – Reuters poll FX Street 4 years EUR/USD is extending the rangebound pattern just above the 1.1100 area sparked in the wake of the ECB event last week. The negative bias remains entrenched while below the 55-day SMA at 1.1233 and recent tops in the 1.1280/90 band. Against this backdrop, another test of YTD lows in the 1.1100 neighbourhood remains well on the cards in the short-term horizon. EUR/USD daily chart 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.
