The pair remains sidelined in the bottom end of the recent range following Thursday’s bearish ‘outside day’. The short-term resistance line – today at 1.1735 – continues to cap the upside, while further retracement is expected below it. Interim resistance ahead of this important hurdle is reinforced by the 21-day SMA at 1.1683 and the base of the daily cloud. Looking south, the 1.1570 area should hold the initial test, ahead of 1.1527 and YTD lows in the 1.1500 neighbourhood. EUR/USD daily chart Daily high: 1.1665 Daily low: 1.1648 Support Levels S1: 1.1629 S2: 1.1602 S3: 1.1584 Resistance Levels R1: 1.1674 R2: 1.1692 R3: 1.1719 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 Gold Technical Analysis: Bears await a break below an important horizontal support FX Street 5 years The pair remains sidelined in the bottom end of the recent range following Thursday's bearish 'outside day'. The short-term resistance line - today at 1.1735 - continues to cap the upside, while further retracement is expected below it. Interim resistance ahead of this important hurdle is reinforced by the 21-day SMA at 1.1683 and the base of the daily cloud. Looking south, the 1.1570 area should hold the initial test, ahead of 1.1527 and YTD lows in the 1.1500 neighbourhood. EUR/USD daily chart Daily high: 1.1665 Daily low: 1.1648 Support Levels S1: 1.1629 S2: 1.1602 S3: 1.1584… 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.
