Today the EUR/USD shared currency pair is trading lower than usual close to the 1.0600 level and it seems that the release of the United States ISM figures along with the PMI prints are having a major impact on the trading cross.
EUR/USD analysts believe that the trading cross has lost most of its speed and now it is slowing dropping to the lower levels of the chart at the same time in the United States with the help of the treasury figures is boosting up the US Dollar.
In the meantime in the European Union the trading stocks are at a standstill because of the recent low prices however the retail figures have indeed shown some major increased beyond most predictions going back across the ocean in the US the ISM data along with the PMI prints are bringing a softer tone to the overall trading process.
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High = 1.0691
Low = 1.0633
S3 = 1.0522 S2= 1.0554 S1 = 1.0601
R1 = 1.0682 R2 = 1.0713 R3 = 1.0762
For the time being the EUR/USD shared currency pair is trading downwards by a negative value of -0.21% and it is trading in the close vicinity of the 1.0636 level still far away from the 1.0662 desired level nonetheless there are several strong points hovering over the 1.0507 level followed close up by the 1.0456 point and lastly ending with the 1.0400 point.