EUR/USD is recovering above 1.30 after good after the fall yesterday and some good data now. Is it gaining energy for a new fall, or has it reached a bottom? Here’s a quick update on technicals, fundamentals and community trends. Euro/Dollar recovering above 1.30. EUR/USD Technicals Asian session: EUR/USD struggled under 1.30, and eventually managed to climb above it. Current Range between 1.30 to 1.3114. Further levels in both directions: Below 1.3114, 1.2920, 1.2722, 1.2587. Above 1.32, 1.3267, 1.3334, 1.3430, 1.3640, 1.37, 1.3830, 1.3950 and 1.4030. 1.2720 is the next, very strong support line. 1.3830 significant higher point – far away now. EUR/USD Fundamentals – 7:00 German Retail Sales. Exp. +1.3%. Actual +2.3%. 9:00 European Final Manufacturing PMI. Exp. 55.5 points. 13:15 US ADP Non-Farm Payrolls. Exp. 70K. 14:10 US FOMC member Janet Yellen talks. 15:00 US ISM Manufacturing PMI. Exp. 56.4 points. 15:00 US Construction Spending. Exp. -0.3%. 19:00 US Beige Book. * All times are GMT. EUR/USD Sentiment Contagion is very strong – with troubles already in 5 countries. Spanish bonds yields are above 5.5% and Italian bonds sit above 4% already. Irish deal is better than expected, with an interest rate of 5.8%, but it doesn’t prevent contagion to Spain and Portugal. US data today, ADP NFP and especially the manufacturing PMI provide great indicators for the Non-Farm Payrolls on Friday. Currensee Community: 49% are long , 51% are short- yesterday we had more longs. These are 1251 open positions in real accounts trading this pair at the moment. Now the community leans towards a change. Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next AUD/USD Dec. 1 – Choppy Trading in Range Yohay Elam 12 years EUR/USD is recovering above 1.30 after good after the fall yesterday and some good data now. Is it gaining energy for a new fall, or has it reached a bottom? Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar recovering above 1.30. EUR/USD Technicals Asian session: EUR/USD struggled under 1.30, and eventually managed to climb above it. Current Range between 1.30 to 1.3114. Further levels in both directions: Below 1.3114, 1.2920, 1.2722, 1.2587. Above 1.32, 1.3267, 1.3334, 1.3430, 1.3640, 1.37, 1.3830, 1.3950 and 1.4030. 1.2720 is the next, very strong support line. 1.3830 significant higher point… 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.