EUR/USD is slowly losing the 1.1100

 

EUR/USD trading quote

Today the EUR/USD shared currency pair is deploying a lot of effort in keeping the 1.1100 trading point on a straight line.

 

Analysts have noticed that the EUR/USD shared currency pair is entering its fourth trading session in the proximity of the 1.1100 level and a lot of influence is coming in from the UK departure as well as the from across the ocean the United States dollar is acting up again.

 

Traders have underlined that the former mayor of London Boris Johnson has recently declared that he is not going to run for the seat of Prime Minister therefore sinking once more into the abyss the GBP single currency.

 

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High = 1.1154

 

Low = 1.1072

 

 

S3 = 1.0994 S2= 1.1018 S1 = 1.1073

 

R1 = 1.1239 R2 = 1.1185 R3 = 1.1238

 

EUR/USD important trading levels

 

For the time being the EUR0/USD shared currency pair is going downwards by a negative value of -0.14% and it is trading in the close vicinity of the 1.1105 level thus only by jumping over the 1.0913 level this will clear the way towards the 1.0820 trading point and ending with the 1.0709 point.

 

On the other side of the coin there are many strong points beginning with the 1.1128 level continuing with the 1.1248 level and lastly ending with the 1.1279 level.

 

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