The pair stays parked around 1.1560/70 on Wednesday. The greenback keeps the firm note above the 95.00 mark. Investors’ attention is focused on the ECB Forum in Sintra. The better tone around the greenback keeps EUR/USD on the back foot in the middle of the week around the 1.1560/70 band. EUR/USD looks to Sintra, risk trends Spot remains on the defensive for another session amidst the persistent sentiment around the greenback and a mild bias towards the risk off mood in light of the US-China trade spat. Absent relevant releases in Euroland and the US, market participants will look to any headlines from the ECB Forum in Sintra (Portugal), where President Draghis will share a discussion panel later today with Chief J.Powell and BoJ’s H.KJuroda. In the meantime, the pair looks vulnerable to the yields spread between the US and German money markets, which continue to support the buck, particularly after the recent stance from the ECB and earlier comments from ECB officials, noting that a rate hike in Euroland would not come before September 2019. In this regard it is worth recalling that President Draghi stressed on Tuesday that the ECB remain prudent and patient when comes to decide the timing of the start of the hiking cycle. EUR/USD levels to watch At the moment, the pair is losing 0.16% at 1.1570 and a breakdown of 1.1543 (low Jun.15) would target 1.1508 (2018 low May 29) en route to 1.1479 (low Jul.20 2017). On the flip side, the next hurdle aligns at 1.1644 (high Jun.19) seconded by 1.1681 (21-day sma) and finally 1.1685 (10-day sma). 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 USD/JPY Technical Analysis: bulls trying to defend an ascending trend-line support FX Street 5 years The pair stays parked around 1.1560/70 on Wednesday. The greenback keeps the firm note above the 95.00 mark. Investors' attention is focused on the ECB Forum in Sintra. The better tone around the greenback keeps EUR/USD on the back foot in the middle of the week around the 1.1560/70 band. EUR/USD looks to Sintra, risk trends Spot remains on the defensive for another session amidst the persistent sentiment around the greenback and a mild bias towards the risk off mood in light of the US-China trade spat. Absent relevant releases in Euroland and the US, market participants will look to… 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.