The pair remains vulnerable after breaching the 1.1600 handle. The greenback looks to consolidate above the 95.00 mark. Services PMIs in Euroland and US Payrolls next of relevance today. The selling pressure around the European currency remains well and sound at the end of the week and is now prompting EUR/USD to stay rangebound below 1.1600 the figure. EUR/USD looks to data, Payrolls The pair alternates gains with losses on Friday after breaking below the 1.1600 milestone on Thursday, all amidst the continuation of the bid tone surrounding the greenback. In fact, the greenback is deriving support from US-China trade jitters and the persistent depreciation of the Chinese Yuan, which is navigating record lows around 6.8750. In the data space, final Services PMIs in Euroland and Retail Sales in the euro area are coming up next, all ahead of US ISM Non-manufacturing and Non-farm Payrolls for the month of July (193k exp.). EUR/USD levels to watch At the moment, the pair is down 0.03% at 1.1581 facing immediate support at 1.1580 (low Aug.3) followed by 1.1575 (low Jul.19) and then 1.1527 (low Jun.28). On the upside, a breakout of 1.1680 (21-day SMA) would aim for 1.1749 (high Jul.23) and finally 1.1792 (high Jul.9). 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 in search of a firm direction, NFP in focus FX Street 5 years The pair remains vulnerable after breaching the 1.1600 handle. The greenback looks to consolidate above the 95.00 mark. Services PMIs in Euroland and US Payrolls next of relevance today. The selling pressure around the European currency remains well and sound at the end of the week and is now prompting EUR/USD to stay rangebound below 1.1600 the figure. EUR/USD looks to data, Payrolls The pair alternates gains with losses on Friday after breaking below the 1.1600 milestone on Thursday, all amidst the continuation of the bid tone surrounding the greenback. In fact, the greenback is deriving support from US-China trade… 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.
