EUR/USD met strong resistance in the 1.1080 region, where is located the 21-day SMA, triggering a correction lower to the 1.1040 area. Further sideline trading is expected ahead of US Payrolls later in the day amidst the recent unclear price action. Looking at the broader picture, the negative view is seen unchanged while below the 55-day SMA at 1.1172 and the area of recent tops in the 1.1160/65 band. 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 Canada: Labour market likely to create 15k jobs in August – TD Securities FX Street 4 years EUR/USD met strong resistance in the 1.1080 region, where is located the 21-day SMA, triggering a correction lower to the 1.1040 area. Further sideline trading is expected ahead of US Payrolls later in the day amidst the recent unclear price action. Looking at the broader picture, the negative view is seen unchanged while below the 55-day SMA at 1.1172 and the area of recent tops in the 1.1160/65 band. 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.
