Today the EUR/USD shared currency pair is trading in the close vicinity of the 1.1740 level and it will be receiving plenty of influence from the United States ISM production figures.
EUR/USD analysts are now keeping a close eye on the evolution of the independence referendum which is going on Spain thus the buying interest has grown considerably and at the same time the shared currency pair is receiving plenty of influence from the US DXY Index which has posted close to the 93.00 value.
Across the ocean in the European Union the European Central Bank is waiting for Mr. Praet to hold an analysis on the inflation data in the European block.
Further data show that the PMI prints will definitely offer a helping hand to the overall trading process as well as the upcoming US Fed speech help by Kaplan.
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High = 1.1810
Low = 1.1750
S3 = 1.1904 S2= 1.1928 S1 = 1.1963
R1 = 1.2019 R2 = 1.2042 R3 = 1.12076
For the time being the EUR/USD shared currency pair is going downwards by a negative value of -0.51% and it is trading in the close vicinity of the 1.1755 level thus by breaching the 1.1719 level this will clear the trading path towards the 1.1664 point continuing with the 1.1572 level.
On the other side of the medal there are several solid levels starting with the 1.1834 point followed close up by the 1.1854 point and lastly ending with the 1.1904 point.