Spot comes back to the 1.1740 region after Monday’s bullish move to the 1.1800 neighbourhood lacked of follow through. The pair’s outlook, however, remains constructive while above the 1.1670/58 band, where converge the 10- and 21-day SMA. Above here, the door remains open for a test of the key area in the mid-1.1800s, where sit June’s peaks and the 38.2% Fibo retracement of the April-May down move. On the downside, hourly lows in the 1.1730 region should offer interim contention ahead of 1.1718 (December 2017 low). Daily RSI (14) stays around 54 for the time being, also indicative of a consolidative phase. Daily high: 1.1763 Daily low: 1.1732 Support Levels S1: 1.1725 S2: 1.1700 S3: 1.1667 Resistance Levels R1: 1.1784 R2: 1.1816 R3: 1.1842 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 Australia: Business conditions rose, confidence falls – TDS FX Street 3 years Spot comes back to the 1.1740 region after Monday's bullish move to the 1.1800 neighbourhood lacked of follow through. The pair's outlook, however, remains constructive while above the 1.1670/58 band, where converge the 10- and 21-day SMA. Above here, the door remains open for a test of the key area in the mid-1.1800s, where sit June's peaks and the 38.2% Fibo retracement of the April-May down move. On the downside, hourly lows in the 1.1730 region should offer interim contention ahead of 1.1718 (December 2017 low). Daily RSI (14) stays around 54 for the time being, also indicative of a… Top 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.
