The pair loses further ground in the wake of German data. The greenback moves to session tops in the 94.30 area. German/EMU ZEW came in below expectations in July. The shared currency remains on the defensive on Tuesday and is now dragging EUR/USD to the 1.1720/10 band, or fresh session lows. EUR/USD weaker post-ZEW Sellers around the European currency are dominating the scenario today, forcing EUR/USD to recede further from yesterday’s tops in the boundaries of the key 1.1800 the figure. In addition, EUR gained extra downside pressure after German/EMU ZEW survey came in below estimates for the month of July. In fact, German Current Conditions came in at 72.4 and Economic Sentiment at -24.7. furthermore, Economic Sentiment in the euro bloc also dropped more than expected to -18.7. Extra downside in the pair comes from the recovery in the buck, which managed to rebound from session lows in the 94.00 area to the current 94.30/35 band when tracked by the US Dollar Index. EUR/USD levels to watch At the moment, the pair is losing 0.25% at 1.1722 and a break below 1.1715 (low Jul.10) would open the door to 1.1670 (10-day sma) and then 1530 (low Jun.19). On the flip side, the next hurdle emerges at 1.1791 (high Jul.9) seconded by 1.1853 (high Jun.15) and finally 1.1854 (38.2% Fibo of April-May drop). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD Review: Retreats farther from multi-week tops, back below mid-0.7400s FX Street 4 years The pair loses further ground in the wake of German data. The greenback moves to session tops in the 94.30 area. German/EMU ZEW came in below expectations in July. The shared currency remains on the defensive on Tuesday and is now dragging EUR/USD to the 1.1720/10 band, or fresh session lows. EUR/USD weaker post-ZEW Sellers around the European currency are dominating the scenario today, forcing EUR/USD to recede further from yesterday's tops in the boundaries of the key 1.1800 the figure. In addition, EUR gained extra downside pressure after German/EMU ZEW survey came in below estimates for the month of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.