7 Sep 2015
EUR/USD stuck within the range
FXStreet (Edinburgh) - The shared currency keeps the composure vs. the greenback at the beginning og the week, with EUR/USD meandering the low-1.1100s so far.
EUR/USD eyes on GDP data
Spot remains within the recent range after recovering from Friday’s Payrolls-led pullback to the 1.1090/85 band, as the dollar keeps struggling to grab more solid grip.
In the data space, Investors’ Sentiment tracked by the Sentix index dropped to multi-month lows during September at 13.6 vs. 16.1 expected and August’s 18.4. Next of relevance will be EMU’s revision of the GDP for the second quarter, due tomorrow.
EUR/USD key levels
At the moment the pair is advancing 0.06% at 1.1150 and a breakout of 1.1191 (high Sep.4) would target 1.1243 (high Sep.3) en route to 1.1294 (high Sep.2). On the other hand, the next support lines up at 1.1089 (low Sep.4) followed by 1.1057 (low Aug.12) ahead of 1.1017 (low Aug.20).
EUR/USD eyes on GDP data
Spot remains within the recent range after recovering from Friday’s Payrolls-led pullback to the 1.1090/85 band, as the dollar keeps struggling to grab more solid grip.
In the data space, Investors’ Sentiment tracked by the Sentix index dropped to multi-month lows during September at 13.6 vs. 16.1 expected and August’s 18.4. Next of relevance will be EMU’s revision of the GDP for the second quarter, due tomorrow.
EUR/USD key levels
At the moment the pair is advancing 0.06% at 1.1150 and a breakout of 1.1191 (high Sep.4) would target 1.1243 (high Sep.3) en route to 1.1294 (high Sep.2). On the other hand, the next support lines up at 1.1089 (low Sep.4) followed by 1.1057 (low Aug.12) ahead of 1.1017 (low Aug.20).