Today the EUR/USD shared currency pair has managed to come in close to the 1.0620 level and recently to backtrack close to the 1.0600 level thus setting the previous levels as the new high level for this trading session.
EUR/USD analysts believe that for the trading cross the trading trend is very bullish and it has quickly stopped in the close vicinity of the 1.0620 point in almost the same manner as it had yesterday nonetheless the 1.0600 level will continue to present itself as a strong support level.
At the same time across the ocean EUR/USD traders are waiting for the Export Prices to come out into the open a bring a positive change to the overall trading process this is why the released value is beyond the +0.2% value on a month to month basis..
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High = 1.0624
Low = 1.0596
S3 = 1.0527 S2= 1.0554 S1 = 1.0579
R1 = 1.0632 R2 = 1.0659 R3 = 1.0684
For the time being the EUR/USD shared currency pair is trading upwards by a positive value of +0.12% and it is trading in the close vicinity of the 1.0608 level followed close up by the 1.0619 level continuing with the 1.0631 level and lastly ending with the 1.0665 level.
On the other side of the medal if the EUR/USD trading cross jumps over the 1.0568 level this will clear the trading path towards the 1.0523 level at first followed close up by the 1.0493 low level.