The EUR/USD could be set to make a continuation from last week’s bounce off of a new bottom after slipping from last week’s highs. Failure to jumpstart a bullish correction into recent swing highs could see the pair roll back over into a bearish continuation. Daily candles have the major pair constrained in a sideways wedge, traders will be looking for a decisive break to establish a new trend. EUR/USD Chart, 15-Minute Spot rate: 1.1654 Relative change: -0.03% High: 1.1664 Low: 1.1649 Trend: Flat to bullish Support 1: 1.1619 (previous week low) Support 2: 1.1602 (S2 daily pivot) Support 3: 1.1574 (one month low) Resistance 1: 1.1664 (current week high) Resistance 2: 1.1696 (61.8% Fibo retracement level) Resistance 3: 1.1750 (previous week high) 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 Ripple paradox: XRP is cool, but we’d rather keep money in BTC FX Street 5 years The EUR/USD could be set to make a continuation from last week's bounce off of a new bottom after slipping from last week's highs. Failure to jumpstart a bullish correction into recent swing highs could see the pair roll back over into a bearish continuation. Daily candles have the major pair constrained in a sideways wedge, traders will be looking for a decisive break to establish a new trend. EUR/USD Chart, 15-Minute Spot rate: 1.1654 Relative change: -0.03% High: 1.1664 Low: 1.1649 Trend: Flat to bullish Support 1: 1.1619 (previous… 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.
