The 50-hour and 200-hour moving average crossover indicates the path of least resistance is on the downside. The bearish intraday MA studies add credence to the argument the corrective rally ended at 0.6859 and the pair is heading back to the recent low of 0.6688. Hourly chart Spot Rate: 0.6780 Daily High: 0.6787 Daily Low: 0.6764 Trend: Bearish Resistance R1: 0.6784 (10-day moving average) R2: 0.6859 (July 9 high) R3: 0.6906 (50-day moving average) Support S1: 0.6748 (previous day’s low) S2: 0.6688 (July 3 low) S3: 0.6518 (76.4% Fib R of 2015 low – 2017 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 PBOC to inject 188.5bn Yuan via 1 year Medium-term lending facility FX Street 5 years The 50-hour and 200-hour moving average crossover indicates the path of least resistance is on the downside. The bearish intraday MA studies add credence to the argument the corrective rally ended at 0.6859 and the pair is heading back to the recent low of 0.6688. Hourly chart Spot Rate: 0.6780 Daily High: 0.6787 Daily Low: 0.6764 Trend: Bearish Resistance R1: 0.6784 (10-day moving average) R2: 0.6859 (July 9 high) R3: 0.6906 (50-day moving average) Support S1: 0.6748 (previous day's low) S2: 0.6688 (July 3 low) S3: 0.6518 (76.4% Fib R of 2015 low - 2017 high) 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.
