EUR/USD picked up the pace towards 1.1780


EUR/USD Trading Quote

Today the EUR/USD shared currency pair is trading upwards compared to the previous trading day and it is now shadowing the 1.1770 level with a possibility of jumping towards the 1.1780 level in the near future.

EUR/USD influenced by the ECB

EUR/USD analysts now believe that the shared currency pair has managed to shake off the 1.1720 low levels behind and it will continue to climb upwards towards the 1.1770 level and it is still receiving influence from the United States 10-year reference data.

EUR/USD traders now believe that the releases of the PMI prints in the European Union are going to have a solid impact on the trading market.

Next on tap both investors and traders will be waiting for the conclusions from the European Central Bank conference which will definitely offer a softer tone to the overall trading process.

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High = 1.1778

Low = 1.1745


Trading goes great with AvaTrade and

S3 = 1.1669 S2= 1.1697 S1 = 1.1724

R1 = 1.1779 R2 = 1.1809 R3 = 1.1834

EUR/USD important trading levels

Right now the EUR/USD shared currency pair is going upwards by a positive value of +0.24% and it is trading in the close vicinity of the 1.1775 level thus by breaching the 1.1801 level this will quickly open the trading path towards the 1.1858 level at first followed close up by the 1.1884 level.

On the other side of the medal there are several solid levels beginning with the 1.1725 level continuing with the 1.1686 point and lastly ending with the 1.1665 point.

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