Traders believe that the 1.3300 level will receive a strong influence in today’s trading session from the United States data releases thus the Durable Goods figures will continue to stay under the lime light.
In other words the European Central Bank will clear the way towards a short ease which strongly resembles the inflation effect
For the time being the EUR/USD shared currency pair is now up by a positive value of +0.19% in the close vicinity of the 1.3593 level showing several resistance levels starting from the 1.3628 level just before the 1.3696 level and lastly the 1.3729 level.
On the other side of the medal by breaching the 1.3558 point this would open the door towards the 1.3515 point at first followed close by the “desired” 1.3504 pinnacle.
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High = 1.3615
Low = 1.3559
R1 = 1.3605 R2 = 1.3640 R3 = 1.3674