EUR/USD bear trend reaches a new 2018 low at 1.1510 on Tuesday. EUR/USD tested an important swing low at 1.1553 established on November 7, 2017. EUR/USD currently consolidating the strong bear breakout, 1.1600 figure should provide resistance in the near-term. The weekly 100-period and 200-period simple moving averages (SMA) are respectively located at 1.1411 and at 1.1432, can become the next targets in the coming days if the bear trend extends further. EUR/USD 15-minute chart Spot rate: 1.1570 Relative change: -0.46% High: 1.1640 Low: 1.1510 Trend: Bearish Support 1: 1.1510 current Tuesday’s low Support 2: 1.1400-1.1430 area, psychological figure, weekly 100 and 200-period SMA Support 3: 1.1312 July 5, 2017 low Resistance 1: 1.1600 psychological figure and near Monday’s low Resistance 2: 1.1650 May 25 low Resistance 3: 1.1700 psychological figure 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 TRY: New monetary policy framework – Nordea Markets FX Street 5 years EUR/USD bear trend reaches a new 2018 low at 1.1510 on Tuesday. EUR/USD tested an important swing low at 1.1553 established on November 7, 2017. EUR/USD currently consolidating the strong bear breakout, 1.1600 figure should provide resistance in the near-term. The weekly 100-period and 200-period simple moving averages (SMA) are respectively located at 1.1411 and at 1.1432, can become the next targets in the coming days if the bear trend extends further. EUR/USD 15-minute chart Spot rate: 1.1570 Relative change: -0.46% High: … 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.
