The pair is advancing for the second session in a row on Monday, retaking the 1.1700 handle and above after bottoming out in the mid-1.1600s on Friday. Spot so far surpassed the key resistance area around the 1.1700 handle, where sits the 200-hour SMA and considered quite a relevant level. Immediately above is located the 1.1720 region, where converge a retracement from the April-May decline and the December 2017 low. Further gains to the critical 1.1790/1.1800 band should come to the fore if this band is cleared. The loss of the 21-day SMA, today at 1.1657 should pave the way for a visit to the 1.1530 region ahead of the 1.15 neighbourhood. The daily RSI (14) is hovering over the 51 level, signaling that a consolidative trade remains in place. EUR/USD daily chart Daily high: 1.1711 Daily low: 1.1675 Support Levels S1: 1.1637 S2: 1.1588 S3: 1.1563 Resistance Levels R1: 1.1712 R2: 1.1737 R3: 1.1786 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 Ethereum price analysis: ETH/USD fireworks limited below $470, bullish momentum spikes over 4% on the day FX Street 5 years The pair is advancing for the second session in a row on Monday, retaking the 1.1700 handle and above after bottoming out in the mid-1.1600s on Friday. Spot so far surpassed the key resistance area around the 1.1700 handle, where sits the 200-hour SMA and considered quite a relevant level. Immediately above is located the 1.1720 region, where converge a retracement from the April-May decline and the December 2017 low. Further gains to the critical 1.1790/1.1800 band should come to the fore if this band is cleared. The loss of the 21-day SMA, today at 1.1657 should pave the way… 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.
