EUR/USD goes downwards on the US figures

 

EUR/USD trading quote

 

Today the EUR/USD shared currency pair is receiving plenty of influence from the United States data releases unfortunately this is a negative, loss kind of influence

 

Traders have concluded that the P.M.I. data went downwards to a negative value of -49.5 in this current month missing by a very long shot the predicted value of 53.2.

Analysts believe that the EUR/USD shared currency pair is keeping a tight grip on the 1.0952 level and it is searching for a sturdy support line and between trading lines it has managed to touch the 1.1027 level for a very brief period of time.

 

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High = 1.1042

EUR/USD 24th of February 2016 Trading chart

EUR/USD 24th of February 2016 Trading chart

 

Low = 1.0958

 

 

S3 = 1.0919 S2= 1.0946 S1 = 1.0973

 

R1 = 1.1037 R2 = 1.1064 R3 = 1.1092

 

EUR/USD important trading levels

 

For the time being the EUR/USD shared currency pair is trading in the close vicinity of the 1.1020 level and it is relying heavily on the 1.0957 level followed close up by the 1.0905 point and lastly ending with the 1.0882 trading point.

 

On the other side of the medal there are many points beginning with the 1.1048 level followed close up by the 1.1138 level and lastly ending with the 1.1178 trading point.

 

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