EUR/USD keeps close to 1.0900

 

EUR/USD trading quote

 

Today the EUR/USD shared currency pair is keeping a strong grip on the important level of 1.0900 level and it is focusing on the United States data releases especially the E.M.U. data pack.

Analysts have recently noticed that the EUR/USD trading cross did not have enough momentum to jump past the 1.1000 level therefore it has found support close to the 1.0900 trading level and it is waiting for a reaction from the European Union data releases.
Traders have loudly announced that the EUR/USD shared currency pair will be waiting for a serious trading boost from the C.P.I. data as well as for any solid data from the United States data releases.
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High = 1.0948

EUR/USD 29th of January 2016 Trading chart

EUR/USD 29th of January 2016 Trading chart

 

Low = 1.0884

 

 

S3 = 1.0849 S2= 1.0876 S1 = 1.0904

 

R1 = 1.1008 R2 = 1.1036 R3 = 1.1065

 

EUR/USD important trading levels

 

For the time being the EUR/USD shared currency pair is going downwards by a negative value of -0.32% and it is currently trading in the close vicinity of the 1.0904 trading point and only by breaching the 1.0872 point this will clear the path towards the 1.0779 level at first followed closely by the 1.0737 point.

 

On the other side of the coin the EUR/USD shared currency pair is relying heavily on the 1.0969 level continuing with the 1.1000 important level and lastly ending with the 1.1056 trading point.

 

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