Euro (EUR)

The Euro was little changed against the dollar, sustaining its previous gains. The German PPI came out 0.7% better than expected 0.5%. Only breaching the 1.3540 resistance level will extend gains in the EUR/USD pair otherwise a rebound could be seen. Overall, EUR/USD traded with a low of 1.3395 and with a high of 1.3523. Today, The German Ifo Business Climate Index is expected at 110.1 vs. 109.9 previously.

EUR/USD - Last: 1.3504

 

Resistance

1.3540

Support

1.3420

1.3370

1.3250

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