The Euro gained versus the Dollar after weak CPI figures in the U.S and comments from Fed officials about the key interest rate. Manufacturing and Services PMI data came out mixed. Overall, EUR/USD traded with a low of 1.3454 and a high of 1.3618. EUR/USD has started correcting upwards after being oversold according to the RSI indicator and not being able to cross below 1.3450. EUR/USD is facing resistance levels at 1.3650 and 1.38 and the main trend continues to be downwards. No economic data expected today.

EUR/USD - Last: 1.3615

Resistance

1.3655

1.3700

1.3790

Support

1.3520

1.3440

1.3320

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