The pair picks up some pace and approaches the 1.1700 handle. The greenback clings to its daily gains around 94.60. US ADP report surprised to the upside at 219K in July. The single currency managed to stage a moderate rebound from the 1.1675/70 band and is now pushing EUR/USD to the vicinity of 1.1700 the figure in the wake of US data. EUR/USD looks for direction ahead of ISM, Fed The pair is prolonging the sideline theme for yet another session on Wednesday, coming down from recent tops beyond 1.1700 the figure amidst a moderate recovery in the greenback. Spot is now under pressure after the ADP report showed the US private sector added 219K jobs during July vs. 186K forecasted and up from June’s 181K (revised higher from 177K). Looking ahead, all eyes will be on the publication of the US ISM manufacturing for the month of July ahead of the FOMC meeting, where market consensus expects no change at today’s gathering. EUR/USD levels to watch At the moment, the pair is down 0.03% at 1.1689 facing immediate support at 1.1625 (low Jul.27) followed by 1.1575 (low Jul.19) and then 1.1527 (low Jun.28). On the upside, a breakout of 1.1749 (high Jul.23) would open the door to 1.1792 (high Jul.9) and finally 1.1853 (high Jun.14). 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 EUR/USD Technical Analysis: EUR/USD supported at 1.1672 level FX Street 5 years The pair picks up some pace and approaches the 1.1700 handle. The greenback clings to its daily gains around 94.60. US ADP report surprised to the upside at 219K in July. The single currency managed to stage a moderate rebound from the 1.1675/70 band and is now pushing EUR/USD to the vicinity of 1.1700 the figure in the wake of US data. EUR/USD looks for direction ahead of ISM, Fed The pair is prolonging the sideline theme for yet another session on Wednesday, coming down from recent tops beyond 1.1700 the figure amidst a moderate recovery in the greenback. Spot… 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.
