Today the EUR/USD shared currency pair is trading in the close vicinity of the 1.1800 level and it is not showing any signs of moving upwards or downwards.
EUR/USD analysts have recently concluded that the shared currency pair will be trading close to the 1.1800 level and it will only go as high as the 1.1820 level with very few changes on the trading chart this is the direct result of the weak data releases in both the United States as well as the European Union.
EUR/USD traders feel rather confident that the shared currency pair will be camping for a while close to the 1.1800 level close to the end of the trading week even and the only source of influence will be coming in from the USD DXY index.
In the meantime in the United States everyone is keeping a close eye on the United States NFIB data pack which has been predicted to offer a helping hand to the overall trading process.
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High = 1.1830
Low = 1.1780
S3 = 1.1678 S2= 1.1735 S1 = 1.179\2
R1 = 1.1912 R2 = 1.1971 R3 = 1.2030
For the time being the EUR/USD shared currency pair is going upward by a small yet positive value of +0.12% and it is trading in the close vicinity of the 1.1814 level and it is relying on the 1.1824 point followed close up by the 1.1893 point and lastly ending with the 1.1909 level.
On the other side of the coin by jumping past the 1.1727 level this will clear the path towards the 1.1657 point at first continuing with the 1.1611 level.