The pair’s recent advance met quite a strong hurdle in the 1.1730 area, sparking the ongoing correction lower. Interim support is waiting near 1.1690, where lies the 21-day SMA. A break of this level should open the door to recent weekly lows near 1.1620 ahead of the more relevant 1.1575/70 band In addition, the base of the daily cloud is also a magnet for EUR-sellers. While the short-term resistance line caps, the pair’s outlook remains bearish. It needs to regain 1.1790 in order to reassert the upside pressure and allow for a potential test of the mid-1.1800s. EUR/USD daily chart Daily high: 1.1696 Daily low: 1.1672 Support Levels S1: 1.1668 S2: 1.1644 S3: 1.1605 Resistance Levels R1: 1.1731 R2: 1.1770 R3: 1.1794 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 EUR/JPY could re-visit the 200-day SMA – Commerzbank FX Street 5 years The pair's recent advance met quite a strong hurdle in the 1.1730 area, sparking the ongoing correction lower. Interim support is waiting near 1.1690, where lies the 21-day SMA. A break of this level should open the door to recent weekly lows near 1.1620 ahead of the more relevant 1.1575/70 band In addition, the base of the daily cloud is also a magnet for EUR-sellers. While the short-term resistance line caps, the pair's outlook remains bearish. It needs to regain 1.1790 in order to reassert the upside pressure and allow for a potential test of the mid-1.1800s. 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.
