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Forex: EUR/USD: Rebound from 1.4625 low reaches 1.4750 ahead of European opening

EUR/USD declined on Tuesday from levels above 1.4800 to hit the lowest level in nearly a month at 1.4625, to pick up during U.S. and Asian sessions, reaching levels right below 1.4750 at ahead of the European session opening.

On the upside, the Euro might find resistance at 1.4770, and above here, 1.4810 (Nov 3 high) and 1.4850 (Oct 30/Nov 2 high). On the downside, support levels lie at 1.4700/10, and below here, 1.4670 and 1.4625 (Nov 3 low).

EUR/GBP was rejected on Tuesday from 0.9050 resistance and, after reaching 0.9060 high the Euro declined to 0.8935 and has remained trading between the mentioned low and 0.8975 on the upside, during the whole Asian session. Support levels lie at 0.8935 and 0.8910. Resistance levels are 0.8990 and 0.9050.

EUR/USD (Nov 04 at 07:41 GMT)

1.4741/44 (0.13%)

H 1.4756 L 1.47

S3S2S1R1R2R3
1.46531.46901.47261.47441.47811.4818
[?]Trend Index[?]OB/OS Index
Slightly BullishNeutral
Data updated on Nov 04 at 06:55 (15-minute timeframe)

[ View EUR/USD Technical Studies ]

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