Today the EUR/USD shared currency pair is trading in the close vicinity of the 1.0950 level and it is showing signs of moving upwards close to the 1.0970 level unfortunately after this peak there is little hope that the trading cross will ascend.
EUR/USD has received a small amount of influence from the European Central Bank policy updates therefore many analysts believe that the 1.1080 point will be the most concentrated trading area.
At the same time traders consider that tomorrow there will be a lot of pressure therefore creating limits for this trading session is an absolute must.
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High = 1.1014
Low = 1.0955
S3 = 1.0914 S2= 1.0942 S1 = 1.0969
R1 = 1.1033 R2 = 1.1061 R3 = 1.1088
For the time being the EUR/USD shared currency pair is going downwards by a negative value of -0.29% and it is trading close to the 1.0972 level and it is relying on the 1.0913 point followed close up by the 1.0824 point and ending with the 1.0709 level.
On the other side of the coin there are many points beginning with the 1.1045 level followed close up by the 1.1101 point and ending with the 1.1166 point.