The hourly chart shows the pair has been restricted to a narrow range since July 3. The range resistance is located at 0.6850 and the support is seen at 0.6730. A downside break of the trading range would revive the sell-off from the June 6 high of 0.7060. Meanwhile, a bullish breakout would confirm a bearish-to-bullish trend change, i.e. sell-off from the April 13 high of 0.7395 has ended and the bulls have taken over. Hourly chart Spot Rate: 0.6813 Daily High: 0.6832 Daily Low: 0.6812 Trend: Neutral Resistance R1: 0.6850 (range resistance) R2: 0.6872 (50-day moving average) R3: 0.6958 (38.2% Fib R of the sell-off from April highs) Support S1: 0.6797 (10-day moving average) S2: 0.6762 (July 27 low) S3: 0.6730 (range support) 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 Canada press: Canada to be rejected from NAFTA talks = Bloomberg FX Street 5 years The hourly chart shows the pair has been restricted to a narrow range since July 3. The range resistance is located at 0.6850 and the support is seen at 0.6730. A downside break of the trading range would revive the sell-off from the June 6 high of 0.7060. Meanwhile, a bullish breakout would confirm a bearish-to-bullish trend change, i.e. sell-off from the April 13 high of 0.7395 has ended and the bulls have taken over. Hourly chart Spot Rate: 0.6813 Daily High: 0.6832 Daily Low: 0.6812 Trend: Neutral Resistance R1: 0.6850 (range resistance) R2: 0.6872 (50-day moving average) R3: 0.6958… 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.
