EUR/USD has reached the 1.1350 level

 

EUR/USD trading quote

Today the EUR/USD shared currency pair is trading in the close vicinity of the 1.1350 level and with this new arrival there is a lot of steam building up.

 

Analysts strongly believe that the EUR/USD shared currency pair is very strong in the European Union trading session but the fragile note is coming from the scenario of a possible Great Britain exit hopefully for the sake of the European single currency UK will stay thus avoiding financial instability across Europe.

 

At the same time across the ocean the United States labor figures will definitely have a positive impact on the overall trading process.

 

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High = 1.1402

 

Low = 1.1296

 

 

S3 = 1.1142 S2= 1.1187 S1 = 1.1244

 

R1 = 1.1345 R2 = 1.1392 R3 = 1.1446

 

EUR/USD important trading levels

 

For the time being the EUR/USD shared currency pair is trading in the proximity of the 1.1339 level going upwards by a strong positive value of +0.32% and it is relying heavily on the 1.1350 level.

 

On the other side of the medal only by breaching the 1.1386 point this will clear the path towards the 1.1312 level at first followed close up by the 1.1246 point.

 

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