EURO (EUR)

The Euro reached near highest level in 2-weeks against the Dollar on speculation that the ECB will trail other central banks in raising interest rates, which made the Dollar less attractive. Overall, EUR/USD traded with a low of 1.4645 and with a high of 1.4761. Today, The GDP expected unchanged at -0.1%. The German Factory Orders expected at 1.2% vs. 3.5% previously.

1.4700 

Resistance

1.4770

1.4815

1.4845

Support

1.4700

1.4670

1.4635

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