The Euro finished almost unchanged versus the Dollar after rising from its 4 year lows. German Factory Orders came out better than expected causing stocks to fluctuate between gains and losses. Overall, EUR/USD traded with a low of 1.1876 and a high of 1.1991. EUR/USD continues moving downwards along with its main trend. Daily RSI is slightly oversold. Today, German Industrial Production is expected with 0.7% versus 4% prior.

EUR/USD - Last: 1.1920

Resistance

1.1970

1.2025

1.2110

Support

1.1875

1.1800

 

EURUSD.PNG