The pair moves higher to test 1.1680 earlier in the day. The greenback appears to have found contention at 94.40. EMU’s flash PMI surprised to the upside in June. After climbing to the 1.1680 region, EUR/USD appears to have met some sellers and is now returning to the 1.1645/40 band. EUR/USD higher on USD-selling, data The pair has climbed to fresh multi-day peaks to the boundaries of the 1.1680 region earlier in the session, a critical resistance area reinforced by the 10-day and 21-day sma. The renewed and persistent selling bias around the greenback forced the US Dollar Index (DXY) to retreat from new 11-month highs just above 95.00 the figure on Thursday to today’s lows in the 94.40 zone. Still in Euroland, advanced manufacturing and services PMIs in the euro bloc surprised to the upside for the month of June, also lending extra oxygen to the almost-2-cent recovery in spot. Later in the session and in the US docket, Markit will publish its advanced manufacturing and services gauge for the month of June. EUR/USD levels to watch At the moment, the pair is gaining 0.31% at 1.1639 facing the next hurdle at 1.1675 (high Jun.22) seconded by 1.1722 (23.6% Fibo of the April-May drop) and finally 1.1853 (high Jun.14). On the downside, a breakdown of 1.1509 (low Jun.21) would target 1.1508 (2018 low May 29) en route to 1.1479 (low Jul.20 2017). 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 CHF remains ‘highly valued’ – Danske Bank FX Street 3 years The pair moves higher to test 1.1680 earlier in the day. The greenback appears to have found contention at 94.40. EMU's flash PMI surprised to the upside in June. After climbing to the 1.1680 region, EUR/USD appears to have met some sellers and is now returning to the 1.1645/40 band. EUR/USD higher on USD-selling, data The pair has climbed to fresh multi-day peaks to the boundaries of the 1.1680 region earlier in the session, a critical resistance area reinforced by the 10-day and 21-day sma. The renewed and persistent selling bias around the greenback forced the US Dollar Index (DXY)… Top 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.
