Today the EUR/USD shared currency pair is trading low in the proximity of the 1.1860 level and it is building a lot of trading steam.
EUR/USD analysts now believe that the shared currency pair will be making an attempt in jumping over towards the 1.1890 level but if reached it will not lurk there for long because there is no support no where to be found actually everyone will be waiting for the release of the non-farm data towards the end of the trading session.
EUR/USD traders now hope that the United States economy shift will enhance the creation of new job of at least 180.000 nonetheless there is a lot of data coming in from the European Union where the European Central Bank is having some difficulties in reaching a settled agreement with the other European states hopefully the ECB big conference in September will clear the skies for both traders and analysts
Across the ocean in the United States the EUR/USD traders are quietly waiting for the release of the NFP data which will definitely increase the overall trading process.
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High = 1.1875
Low = 1.1815
S3 = 1.1679 S2= 1.1738 S1 = 1.1798
R1 = 1.1914 R2 = 1.1972 R3 = 1.2031
For the time being the EUR/USD is going downwards by a small negative value of -0.2% and it is trading close to the 1.1869 level and it is relying heavily on the 1.1909 level followed close up by the 1.2040 point and lastly ending with the 1.2166 high level.
On the other side of the medal by breaching the 1.1773 door this will clear the trading path towards the 1.1735 level at first followed close up by the 1.1611 level.