Today the EUR/USD shared currency pair is receiving a lot of influence today from the releases of the United States figures therefore the trading cross is now sitting close to the 1.0720 level.
EUR/USD analysts have found out that the United States factory production figures have increased by a positive value of +2.5% for the previous month and there are many trading looking towards the releases of the United States API numbers.
EUR/USD traders have already found out that it is virtually impossible for the trading cross to camp close to the 1.0800 level mostly because of the recent referendum in Italy which has managed to scare off some investors.
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High = 1.0788
Low = 1.0725
S3 = 1.0356 S2= 1.0432 S1 = 1.0502
R1 = 1.0645 R2 = 1.0718 R3 = 1.0787
For the time being the EUR/USD shared currency pair is going downwards by a negative value of -0.31% and it is trading in the proximity of the 1.0729 level and it is relying on the 1.0700 level continuing with the 1.0503 point and lastly ending with the 1.0457 desired spot.
On the other side of the medal only by jumping over the 1.0799 level this will clear the path towards the 1.0815 level at first followed close up by the 1.0848 level.