EUR/USD is seeing a stronger bounce higher near-term from 1.0778/73, the mid February low, and has eroded the accelerated downtrend at 1.0957, per Commerzbank. Key quotes “EUR/USD looks likely to range near-term. The market will find initial resistance at the 20 day ma at 1.0973 and the 1.1058 200 day ma at 1.1058 ahead of the 61.8% retracement at 1.1148/67 and while capped here will remain range bound.” “Failure at 1.0773 will target the 1.0636 March low and then 1.0340, the 2017 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 Australia: Business confidence collapses – Westpac FX Street 2 years EUR/USD is seeing a stronger bounce higher near-term from 1.0778/73, the mid February low, and has eroded the accelerated downtrend at 1.0957, per Commerzbank. Key quotes “EUR/USD looks likely to range near-term. The market will find initial resistance at the 20 day ma at 1.0973 and the 1.1058 200 day ma at 1.1058 ahead of the 61.8% retracement at 1.1148/67 and while capped here will remain range bound.” “Failure at 1.0773 will target the 1.0636 March low and then 1.0340, the 2017 low.” 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.
