Overall, EUR/USD is trending downwards. Recently, EUR/USD is ranging across. Yesterday, the strengthening of euro due to the positive PMI data was short-lived, resulted in EUR/USD rejecting the key level of 1.11.
The G7 meetings will be starting tomorrow. During this time, central bankers from the G7 nations may make important comments and statements.
EUR/USD’s next support level is at 1.10400 and its next resistance level is at 1.12400.
The G7 meetings will be starting tomorrow. During this time, central bankers from the G7 nations may make important comments and statements.
EUR/USD’s next support level is at 1.10400 and its next resistance level is at 1.12400.
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