EUR/USD Technical Analysis: Euro retraces from daily tops to 1.1730 level

• EUR/USD has retraced about 35 pips from its daily highs at 1.1768.
• EUR/USD is currently being supported at 1.1730, the 23.6% Fibonacci retracement from the mid-April-May bear move.

EUR/USD 15-minute chart 

Spot rate:              1.1735
Relative change:   0.38%  
High:                     1.1768
Low:                      1.1680

Trend: Bullish

Resistance 1: 1.1800 figure
Resistance 2: 1.1854, 38.2% Fibonacci retracement from mid-April-May bear move
Resistance 3: 1.1851,  June 13 high

Support 1: 1.1700-1.1730, figure and 23.6% Fibonacci retracement from mid-April-May bear move
Support 2: 1.1672 June 27 high
Support 3: 1.1640 supply/demand level
Support 4: 1.1600 figure
Support 5: 1.1560 June 14 low
Support 6: 1.1527 last week’s low
Support 7: 1.1508 current 2018 low