EUR/USD moving close on the 1.0800 point

 

EUR/USD trading quote

 

Today the EUR/USD shared currency pair is finding at the beginning of the trading week a lot of influence coming from the Greek economic problems as well as an empty data release page for the European Union.

Many analysts believe that the 1.0800 level will be the main trading angle for today as everyone is keeping a close eye on the Greek economic problem which currently sitting on the edge of the knife therefore the Greek government is seconds away from starting huge cuts in the budget and it urgently needs to implement new measures in order to avoid bailout actions.

Across the ocean the United States Dollar is gaining strength and Yellen is called upon to settle new monetary directions for the EUR/USD trading output.

Back in the European Union the release of the C.P.I. trading data in Germany will keep the trading activity in straight line.
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High = 1.0897

EUR/USD 30th of March 2015 Trading Chart

EUR/USD 30th of March 2015 Trading Chart

 

Low = 1.0821

 

 

S3 = 1.0755 S2 = 1.0784 S1 = 1.0811

 

R1 = 1.0959 R2 = 1.0986 R3 = 1.1015

 

 

 

EUR/USD important trading levels

For the time being the EUR/USD shared currency pair is going downwards by a big negative value of -0.51% and it is trading the vicinity of the 1.0838 point and it is relying heavily on many resistance levels staring with the 1.0900 point and followed close up by the 1.0973 level.

 

On the other side of the coin there are several solid levels beginning with the 1.0810 point and ending with the 1.0766 level.

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