The pair extends the breakout of the 1.16 handle. The greenback loses momentum around 94.70. Advanced PMIs in Euroland next in tap in the docket. The buying interest around the shared currency is now lifting EUR/USD to fresh tops in the 1.1620/25 band on Friday. EUR/USD looks to PMIs Spot managed to regain some lasting upside traction so far, advancing for the second session in a row and backed by the renewed offered bias surrounding the greenback. In fact, diminishing tensions on the US-China trade front appear to have removed some tailwinds from the recent up move in the buck, allowing spot to prolong the rebound from yesterday’s lows in the boundaries of 1.1500 the figure. Looking ahead, advanced PMI figures for the current month are next on tap in Euroland, while flash Manufacturing/Services PMI is also due across the pond. EUR/USD levels to watch At the moment, the pair is gaining 0.21% at 1.1627 facing the next hurdle at 1.1644 (high Jun.19) seconded by 1.1651 (21-day sma) and finally 1.1671 (10-day sma). 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 BoE: MPC set for August rate hike – Nomura FX Street 3 years The pair extends the breakout of the 1.16 handle. The greenback loses momentum around 94.70. Advanced PMIs in Euroland next in tap in the docket. The buying interest around the shared currency is now lifting EUR/USD to fresh tops in the 1.1620/25 band on Friday. EUR/USD looks to PMIs Spot managed to regain some lasting upside traction so far, advancing for the second session in a row and backed by the renewed offered bias surrounding the greenback. In fact, diminishing tensions on the US-China trade front appear to have removed some tailwinds from the recent up move in the buck,… 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.
