- The Euro marked in another 14-month low against the US Dollar in Wednesday’s early Asia trading session.
- A thin calendar for the Euro today sees directional bias in the hands of USD traders with US Retail Sales figures in the pipe.
- A fafilure by EUR bulls to regain their footing in the EUR/USD could see major new lows reached after a break of 1.13.
Spot rate: | 1.1323 |
Relative change: | -0.18% |
High: | 1.1350 |
Low: | 1.1316 |
Trend: | Bearish |
Support 1: | 1.1316 (currrent low; major technical bottom) |
Support 2: | 1.1300 (major technical level) |
Support 3: | 1.1235 (S2 weekly pivot) |
Resistance 1: | 1.1432 (current week high) |
Resistance 2: | 1.1508 (61.8% Fibo retracement level) |
Resistance 3: | 1.1627 (previous week high) |