EUR/USD has camped close to 1.1100

EUR/USD Trading Quote

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 trading low due to the US figures

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.


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High = 1.1130

Low = 1.0990

S3 = 1.0772 S2= 1.0897 S1 = 1.0893

R1 = 1.0921 R2 = 1.0949 R3 = 1.0951

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EUR/USD important trading levels

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.

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