EUR/USD Technical Analysis: Bears in control push EUR/USD below 1.1700 figure

• EUR/USD has broken with strength below the 1.1672 support as EUR/USD bulls have now given up on the 1.1700 level. 
• The next targets to the downside are located near the 1.1640-1.1649 area, key level and July 12 low as well as 1.1613 last week's low.
• Near-term resistances are seen near 1.1672 and 1.1700 figure.

EUR/USD 15-minute chart 

Spot rate:              1.1657
Relative change:   -0.47%  
High:                     1.1745
Low:                      1.1655

Trend: Bearish

Resistance 1: 1.1672 June 27 high
Resistance 2: 1.1700 figure
Resistance 3: 1.1730-1.1740 area, 23.6% Fibonacci retracement from mid-April-May bear move and last week’s open.
Resistance 4: 1.1790 last week’s high
Resistance 5: 1.1851-1.1854 area, June high and 38.2% Fibonacci retracement from mid-April-May bear move

Support 1: 1.1640-1.1649 area, key level and July 12 low 
Support 2: 1.1613 last week's low
Support 3: 1.1600 figure 
Support 4: 1.1560 June 14 low
Support 5: 1.1508 current 2018 low