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 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.
ChooseBuyForexSignalsas your Forex signal provider today and you will receive a FREE Membership only by opening a brand new fresh account with AVA TRADE. Make a deposit of $300 dollars and you will receive the best Forex trading signals FREE for 2 months, make a deposit of $600 dollars and receive FREE for 6 months of trading signals or make a deposit of $3000 dollars and yourLIFETIME Membershipis guaranteed for free. Blind trading ends today with our exquisite services. Sign up now!
Feel free to ask for any information email@example.com
High = 1.0688
Low = 1.0564
S3 = 1.0562 S2= 1.0578 S1 = 1.0594
R1 = 1.0627 R2 = 1.0644 R3 = 1.0658
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.