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10 Jul 2018
EUR/USD Technical Analysis: Euro tentatively lower in early Tuesday action
- The EUR/USD pair is on the rise, but the USD is seeing some buying in Tuesday's early market window.
- German ZEW surveys due for Tuesday, but otherwise a quiet day on the docket.
- Bulls should wait for a finished pullback before adding into long positions.
EUR/USD Chart, 15-Minute
| Spot rate: | 1.1740 |
| Relative change: | -0.10% |
| High: | 1.1762 |
| Low: | 1.1738 |
| Trend: | Bullish |
| Support 1: | 1.1685 (38.2% Fibo retracement level) |
| Support 2: | 1.1627 (61.8% Fibo retracement level) |
| Support 3: | 1.1590 (previous week low) |
| Resistance 1: | 1.1790 (current week high) |
| Resistance 2: | 1.1850 (one month high) |
| Resistance 3: | 1.1878 (R2 weekly pivot) |