EUR/USD sits close to 1.0600

EUR/USD trading quote

Today the EUR/USD shared currency pair is keeping a strong grip on the 1.0600 level and it is showing some very strong signs of moving upwards.

EUR/USD makes small moves before the FOMC conference

EUR/USD analysts now hope that there will be some positive vibes coming in from the European Central Bank buying rates this will ultimately get the trading cross in the close vicinity of the 1.0550 trading level at the same time good news are also coming in from the FOMC data releases.

At the same time across the ocean EUR/USD is hoping for some ease from the Fed economic measurements hopefully the ongoing speculation will ease off as president elect D. Trump is issuing a lot of hints to where is the US heading.

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High = 1.0667

Low = 1.0524

S3 = 1.0506 S2= 1.0517 S1 = 1.0529

R1 = 1.0556 R2 = 1.0568 R3 = 1.0581

EUR/USD important trading levels

For the time being the EUR/USD shared currency pair is trading upwards by a positive value of +0.34% and it is relying on the 1.0598 level followed close up by the 1.0629 level continuing with the 1.0798 point and lastly ending with the 1.0873 level.

On the other side of the medal only by jumping over the 1.0515 level this will clear the trading path towards the 1.0503 level at first followed close up by the 1.0457 level.

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