Today the EUR/USD shared currency pair is trading in the close proximity of the 1.1100 level due to the volume of influence coming in from the United States Fed data.
EUR/USD analysts have quickly noticed that the shared currency pair has lost a lot of trading speed due to the weak values coming in from across the ocean from the US Fed index which failed to reach the 38.2 predicted value only posting close to 19.5 for the previous month.
EUR/USD traders now feel very confident that the 1.1150 level will become in the very near future a solid reality due to the constant need for greenback.
Nonetheless the US DXY Index is now on a solid path towards the 99.20 zone but it will have to fight with the ongoing political tensions.
ChooseBuyForexSignalsas your Forex signal provider today and you will receive a FREE Membership only by opening a brand new fresh account with AVA TRADE. Make a deposit of $300 dollars and you will receive the best Forex trading signals FREE for 2 months, make a deposit of $600 dollars and receive FREE for 6 months of trading signals or make a deposit of $3000 dollars and yourLIFETIME Membershipis guaranteed for free. Blind trading ends today with our exquisite services. Sign up now!
Feel free to ask for any information at[email protected]
High = 1.1130
Low = 1.0990
S3 = 1.0772 S2= 1.0897 S1 = 1.0893
R1 = 1.0921 R2 = 1.0949 R3 = 1.0951
For the time being the EUR/USD shared currency pair is trading upwards by a positive value of +0.43% and it is trading in the close vicinity of the 1.1109 level therefore by breaching the 1.1072 level this will clear the trading path towards the 1.0935 level 1.0826 point.
On the other side of the medal there are several strong levels beginning with the 1.1172 level followed close up by the 1.1200 point and lastly ending with the 1.1300 point.