EUR/USD Technical Analysis: Small wedge prevents Euro to break above 1.1625 daily high

• EUR/USD resolved the small rising wedge to the downside. The next support is likely the 1.1600 level. 
• The bears will try to close the week as low as they can as they will try to reach the daily low at 1.1543. 
   

EUR/USD 15-minute chart

Spot rate:              1.1605
Relative change:   0.33%  
High:                     1.1627
Low:                      1.1543

Trend: Bearish

Resistance 1: 1.1600 figure
Resistance 2: 1.1650 June 5 low  
Resistance 3: 1.1730, 23.6% Fibonacci retracement from mid-April-May bear move
Resistance 4: 1.1775 supply/demand level
 
Support 1: 1.1550 figure
Support 2: 1.1510, 2018 low
Support 3: 1.1420, daily 200-period simple moving average