EUR/USD Technical Analysis: Euro bulls find support at 1.1650 as the pair is nearing important juncture

• EUR/USD is currently finding support in the 1.1650 region which is near Thursday’s low and last week’s low. 
• The EUR/USD has strongly rebounded this week after testing July 11, 2017 swing low.
• Investors will need to make a decision between resuming the current bear trend or breakout above the 1.1725 level (current week's high) in an attempt to reverse the multi-week bear trend.

EUR/USD 15-minute chart

Spot rate:                     1.1678
Relative change:         -0.13%     
High:                             1.1718
Low:                              1.1616

Trend:                            Neutral

Support 1:                    1.1640-1.1650 area Thursday's low, last week's low
Support 2:                    1.1600 figure and near Monday’s low
Support 3:                    1.1510 current week’s low

Resistance 1:               1.1725 current’s week high
Resistance 2:               1.1830 May 22 high
Resistance 3:               1.1900 figure