“¢ Breaks down of the Asian session consolidation phase and resumes with the post-ECB rejection slide from a descending trend-line resistance on the daily chart. “¢ A retest of previous support now turned resistance, and a subsequent drop now paves the way for an extension of the downward trajectory. “¢ Short-term technical indicators on the 1-hourly chart are still far from being in oversold territory and further reinforce the bearish outlook. EUR/USD 30-mins chart Spot rate: 1.1627 Daily High: 1.1658 Trend: Bearish Resistance R1: 1.1658 (current day swing high) R2: 1.1680 (horizontal zone) R3: 1.1712 (R1 daily pivot-point) Support S1: 1.1607 (S1 daily pivot-point) S2: 1.1575 (monthly swing low set on July 19) S3: 1.1540-35 (horizontal zone) 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 NEO price analysis: NEO/USD dips below $34.00 amid bearish reversal across the cryptocurrency market FX Street 5 years "¢ Breaks down of the Asian session consolidation phase and resumes with the post-ECB rejection slide from a descending trend-line resistance on the daily chart. "¢ A retest of previous support now turned resistance, and a subsequent drop now paves the way for an extension of the downward trajectory. "¢ Short-term technical indicators on the 1-hourly chart are still far from being in oversold territory and further reinforce the bearish outlook. EUR/USD 30-mins chart Spot rate: 1.1627 Daily High: 1.1658 Trend: Bearish Resistance R1: 1.1658 (current day swing high) R2: 1.1680 (horizontal zone) R3:… 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.
