EUR/USD climbed to 1.0680 with ease

EUR/USD trading quote

Today the EUR/USD shared currency pair has managed to jump over the 1.0630 level and has managed to advance towards the 1.0680 level with a very small effort, improvements are already showing as the shared currency pair is setting up camp in the proximity of the 1.0690 level just as the trading session began.

EUR/USD keeps a close eye on EU Draghi

EUR/USD analysts are now convinced that the 1.0690 level is a new standing point for the currency pair just as the trading week opened its doors therefore the United States Dollar has managed to jump over the 101.00 economic-fence and everything is points out that the currency pair will avoid returning to the 1.0600 level for a solid period of time not to mention the historic low level of 1.0520.

EUR/USD traders are keeping under the lime light the data coming in from the European Central Bank where Mr Draghi is going to present the European Union economic outlook and maybe solve some mysteries related to the UK departure from the EU.

At the same time across the ocean the releases of the EMU data is going to offer a helping hand to the overall trading process.

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High = 1.0688

Low = 1.0564

S3 = 1.0562 S2= 1.0578 S1 = 1.0594

R1 = 1.0627 R2 = 1.0644 R3 = 1.0658

EUR/USD important trading levels

For the time being the EUR/USD shared currency pair is going upwards by a strong positive value of +0.48% and it is trading in the close vicinity of the 1.0635 level and it is relying heavily on the 1.0685 level continuing with the 1.0762 level and lastly ending with the 1.0826 point.

On the other side of the medal only by jumping over the 1.0515 level this will clear the path towards the 1.0455 level at first followed close up by the 1.0334 point.

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