The pair finds support in the 1.1630 region for the time being. German IFO survey came in mixed for the current month. Later in the NA session, US New Home Sales are also due. The shared currency appears to have found some support in the 1.1630 region vs. the greenback earlier in the session and is now lifting EUR/USD back to the mid-1.1600s. EUR/USD reverts the drop The pair reclaims the 1.1650 area after the German IFO survey came in mixed for the current month. In fact, German Business Climate matched expectations at 101.8, Current Assessment came in below estimates at 105.1 and Expectations surpassed consensus at 98.6. In the meantime, spot continues to navigate a narrow range at the beginning of the week against the backdrop of persistent unease surrounding the trade dispute between the US, China and the EU. Later in the NA session, New Home Sales for the month of May are only expected. EUR/USD levels to watch At the moment, the pair is losing 0.01% at 1.1652 and 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). On the flip side, the next hurdle is located at 1.1672 (21-day sma) seconded by 1.1677 (high Jun.22) and finally 1.1718 (low Dec.12 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 US Dollar parked around 94.60 ahead of data FX Street 3 years The pair finds support in the 1.1630 region for the time being. German IFO survey came in mixed for the current month. Later in the NA session, US New Home Sales are also due. The shared currency appears to have found some support in the 1.1630 region vs. the greenback earlier in the session and is now lifting EUR/USD back to the mid-1.1600s. EUR/USD reverts the drop The pair reclaims the 1.1650 area after the German IFO survey came in mixed for the current month. In fact, German Business Climate matched expectations at 101.8, Current Assessment came in below estimates… 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.
