EUR/USD is now less than 20 pips away from the 1.1700 figure which acted as an important support/resistance level throughout the week. EUR/USD erased all its losses made earlier on Friday and is set to end the day with 0.12% gain. The bull reversal was fairly strong as it broke above the bearish trendline and the 200-period simple moving average suggesting that more up can be on the cards. EUR/USD 15-minute chart Spot rate: 1.1684 Relative change: 0.12% High: 1.1686 Low: 1.1613 Trend: Neutral to bullish Resistance 1: 1.1700 figure Resistance 2: 1.1720-1.1730-1.1740 area, June 26 high, 23.6% Fibonacci retracement from mid-April-May bear move and weekly open. Resistance 3: 1.1775 supply level Resistance 4: 1.1800 figure Resistance 5: 1.1851-1.1854 area, June high and 38.2% Fibonacci retracement from mid-April-May bear move Support 1: 1.1672 June 27 high Support 2: 1.1640-1.1649 area, key level and July 12 low Support 3: 1.1613 current weekly low Support 4: 1.1600 figure Support 5: 1.1560 June 14 low Support 6: 1.1508 current 2018 low 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 GBP/USD Technical Analysis: Cable nearing 1.3250 after erasing daily losses FX Street 5 years EUR/USD is now less than 20 pips away from the 1.1700 figure which acted as an important support/resistance level throughout the week. EUR/USD erased all its losses made earlier on Friday and is set to end the day with 0.12% gain. The bull reversal was fairly strong as it broke above the bearish trendline and the 200-period simple moving average suggesting that more up can be on the cards. EUR/USD 15-minute chart Spot rate: 1.1684 Relative change: 0.12% 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.
