- The ISM Non-Manufacturing PMI scheduled at 14:00 GMT can provide some volatility in USD-related currency pairs.
- Earlier, the US ADP employment survey resulted in a big disappointment as only 27K jobs were added vs. 180K forecast.
EUR/USD daily chart
EUR/USD is trading in a bear trend below the 100 and 200 simple moving averages (SMAs).
EUR/USD 4-hour chart
EUR/USD is above the main SMAs suggesting a bullish bias in the near term.
EUR/USD 30-minute chart
EUR/USD is challenging the 1.1300 figure. The next resistance is seen at 1.1320 followed by 1.1400 figure. On the flip side, a break below 1.1250/30 would be seen as potentially neutral to bearish.
Additional key levels
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