Euro (EUR)

The Euro fell against the Greenback after it touched highest level since the beginning of the month. The German Prelim CPI came out as expected, unchanged at 0.5%. Holding below the key resistance level of 1.3840, turns the momentum of the pair to negative once again. Overall, EUR/USD traded with a low of 1.3714 and with a high of 1.3837. Today, the CPI is expected unchanged at 2.4%.

EUR/USD - Last: 1.3770

Resistance

1.3835

Support

1.3765

1.3710

1.3650

width=479