Today the EUR/USD is trading high as it has just managed to jump past the 1.0900 threshold this comes at the end of a very aggressive trading week due to many US and EU data releases both poor and solid at the same time.
EUR/USD analysts strongly believe that the overall trading process has managed to go down a long distance from the previous trading level which had been seen at the same time namely the 1.1350.
EUR/USD is trading with small variations in the close vicinity of the 1.0900 level and at the bottom of this stands the recent US Fed data releases as well as policy modifications.
EUR/USD traders hope that the C.P.I. releases will bring a nice improvement to the overall trading process in addition to this the United States GDP data will continue to enhance the trading cross.
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High = 1.0912
Low = 1.0844
S3 = 1.0801 S2= 1.0823 S1 = 1.0855
R1 = 1.0911 R2 = 1.0832 R3 = 1.0962
For the time being the EUR/USD shared currency pair is going upwards by a small yet positive value of +3% and it is trading close to 1.0908 level and it is relying heavily on the 1.0947 level followed close up by the 1.1013 level and lastly ending with the 1.1041 point.
On the other side of the medal by breaching the 1.0820 level this will clear the path towards the 1.0709 level at first continuing with the 1.0538 point.