EUR/USD is bound to trade close to the 1.3300




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The EUR/USD shared currency pair opened the trading session of the European Union with some low levels starting with the 1.3300 level this situation lead to a new trade predicament as this levels has not been seen in over 10 months.


EUR/USD close to new low levels

The EUR/USD made a new trade movement under the 1.3300 level going over under November low levels when it registered the 1.3284 level. For the time being the trade factor for the EUR/USD is close to the 1.3293 level going down by a negative value of -0.19% this is the direct cause of the growing tension between the United States and the European Union economic calendar.

Traders think that a ray of light will be shed by the release of the F.O.M.C. data which will definitely help trade run smoothly.

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High = 1.3327


Low = 1.3285



S3 = 1.3225 S2 = 1.3258 S1 = 1.3292


R1 = 1.3345 R2 = 1.3378 R3 = 1.3410



EUR/USD important levels

For now at least the EUR/USD trade pair is relying heavily on some strong support points beginning with the 1.3250 level at first followed close up by the 1.3230 level.


On the other side of the coin there are many resistances level that will sustain the trade factor beginning witBuyForexSignals.comh the 1.3362 level followed close up by the 1.3400 level and ending with the 1.3415 level.



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