Overall, EUR/USD is ranging across. Recently, EUR/USD moved lower into the key level of 1.09.
The German Constitutional Court will be announcing a ruling regarding the constitutionality of the ECB's Asset Purchase Programme today at a tentative timing. The judges will decide on whether Germany can continue to participate in the European Central Bank’s Public Sector Purchase Programme. During this time, volatility is expected of the EUR.
The EU’s release of their economic forecasts has been postponed to tomorrow at a tentative timing.
EUR/USD’s next support level is at 1.07800 and the next resistance level is at 1.09700.
Look for short-term buying opportunities of EUR/USD.
The German Constitutional Court will be announcing a ruling regarding the constitutionality of the ECB's Asset Purchase Programme today at a tentative timing. The judges will decide on whether Germany can continue to participate in the European Central Bank’s Public Sector Purchase Programme. During this time, volatility is expected of the EUR.
The EU’s release of their economic forecasts has been postponed to tomorrow at a tentative timing.
EUR/USD’s next support level is at 1.07800 and the next resistance level is at 1.09700.
Look for short-term buying opportunities of EUR/USD.