Analysts at Credit Suisse continue to see scope for a test of a tough resistance at 1429/50 while support is seen higher at 1361/55. Key quotes “We see scope for a test of 1419/29 – the 61.8% retracement of the Q1 collapse – potentially as far as the top of the price gap at 1449/50. We continue to look for an important top here. A break, though, can see a test of the 200-day average, now at 1483.” “Support at 1361/55 needs to hold to keep the immediate risk higher. A break can see a retreat back to 1338/34, with more important price and 13-day average support seen at 1318/07.” 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 EUR/USD Price Analysis: Potential visit to the 1.1150 region FX Street 3 years Analysts at Credit Suisse continue to see scope for a test of a tough resistance at 1429/50 while support is seen higher at 1361/55. Key quotes “We see scope for a test of 1419/29 - the 61.8% retracement of the Q1 collapse – potentially as far as the top of the price gap at 1449/50. We continue to look for an important top here. A break, though, can see a test of the 200-day average, now at 1483.” “Support at 1361/55 needs to hold to keep the immediate risk higher. A break can see a retreat back to 1338/34, with… 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.
