HSBC analysts suggest that the EUR/USD pair is facing resistance at 1.15 level after it rebounded from a 21-month low, just below 1.12 following soft US inflation data that raised the prospects of a prolonged Fed pause. Key Quotes “Technical charts suggest a break of 1.1420 could lead to a test of the next key resistance of 1.15. Strong support is at around 1.12.” 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 USD/CAD finds support near 1.33, rebounds modestly FX Street 4 years HSBC analysts suggest that the EUR/USD pair is facing resistance at 1.15 level after it rebounded from a 21-month low, just below 1.12 following soft US inflation data that raised the prospects of a prolonged Fed pause. Key Quotes "Technical charts suggest a break of 1.1420 could lead to a test of the next key resistance of 1.15. Strong support is at around 1.12." 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.
