EUR/USD: price testing the 55 Moving Average

EUR/USD: price testing the 55 Moving Average


There's a 'V-Bottom', so the price is testing the 55 Moving Average. The main intraday target is the next resistance at 1.1720. A pullback from this level could be a departure point for a bearish correction towards the closest support at 1.1628 - 1.1599.


The last 'Flag' pushed the price higher. Meanwhile, if a pullback from the nearest resistance at 1.1679 - 1.1661 happens next, there'll be a moment for a downward correction in the direction for the Moving Averages.



Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera