Today the EUR/USD shared currency pair is trading under the 1.1800 level in the close vicinity of the 1.1790 point.
EUR/USD analysts now believe that the shared currency pair is trading lower than usual due to the United States weak data releases as well as recent data coming in from Germany but the most important vibes are coming from the J.Yellen speech earlier today and at the same time from the FOMC Brainard speech.
EUR/USD traders now firmly believe that the release of the new home sale figures will definitely bring a solid trading pace on the trading chart and next on tap everyone will be waiting for the releases of the consumer confidence figures for the current trading month.
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High = 1.1810
Low = 1.1750
S3 = 1.1904 S2= 1.1928 S1 = 1.1963
R1 = 1.2019 R2 = 1.2042 R3 = 1.12076
Right now the EUR/USD shared currency pair is going downwards by a negative value of -0.60% and it is trading in the close vicinity of the 1.1789 level thus by breaching the 1.1738 level this will clear the trading path towards the 1.1723n point continuing with the 1.1663 level.
On the other side of the coin there are several solid levels beginning with the 1.1912 level continuing with the 1.1926 level and lastly ending with the 1.2033 point.