EUR/USD Technical Analysis: Soft bounce in progress from current lows
|- The Euro is seeing a mild recovery through Thursday's Asia window after a steady tumble on trade tariffs.
- The EUR/USD is still marking in higher lows on H4 candles, but bearish action remains stiff with a lower high on the Dailies.
- The Euro is close to the year's lows at the 1.1500 level.
| Spot rate: | 1.1684 |
| Relative change: | 0.12% |
| High: | 1.1685 |
| Low: | 1.1668 |
| Trend: | Bearish |
| Support 1: | 1.1665 (previous day low) |
| Support 2: | 1.1627 (61.8% Fibo retracement level) |
| Support 3: | 1.1590 (previous week low) |
| Resistance 1: | 1.1758 (previous day high) |
| Resistance 2: | 1.1790 (current week high) |
| Resistance 3: | 1.1850 (major technical level; June 14th swing high) |
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