EUR/USD is prolonging the recovery from Friday’s lows in the 1.1620 region amidst a continuation of the selling mood around the greenback. The outlook remains offered as long as it trades below the short-term resistance line – today at 1.1732 – and July’s top at 1.1792. On the downside, the 21-day SMA at 1.1689 offers initial contention. This area is reinforced by the base of the daily cloud. Furthermore, EUR/USD could be carving a descending triangle. EUR/USD daily chart Daily high: 1.1732 Daily low: 1.1700 Support Levels S1: 1.1663 S2: 1.1619 S3: 1.1591 Resistance Levels R1: 1.1735 R2: 1.1763 R3: 1.1807 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 Ripple price analysis: AlphaPoint launches XRP-based trading platform, but XRP/USD stays at critical $0.44 FX Street 5 years EUR/USD is prolonging the recovery from Friday's lows in the 1.1620 region amidst a continuation of the selling mood around the greenback. The outlook remains offered as long as it trades below the short-term resistance line - today at 1.1732 - and July's top at 1.1792. On the downside, the 21-day SMA at 1.1689 offers initial contention. This area is reinforced by the base of the daily cloud. Furthermore, EUR/USD could be carving a descending triangle. EUR/USD daily chart Daily high: 1.1732 Daily low: 1.1700 Support Levels S1: 1.1663 S2: 1.1619 S3: 1.1591 Resistance Levels R1: 1.1735… 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.
