Eur/usd - page 349
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The single currency registered a slight decrease against the dollar on Tuesday.The pair moved closer to the support at 1.0894 and if bearish sentiment boost, it will be broken soon. The session started at a price of 1.1014 as at the beginning the trend was neutral. The euro started losing ground in the late morning and continue until reaching the lowest levels of the day at the level of 1.0937. The session finished at 1.0961.
Yesterday the EURUSD fell with a wide range and closed in the red near the low of the day, below the 10-day moving average.
The key levels to watch are 1.1097 (Resistance), the 200-day moving average at 1.1090 (resistance), the 10-day moving average at 1.0996 (support) and 1.0900 (support).
The EUR/USD fell under the 1.0900 support level and found enough support near to 1.0845 level to stop the declining by the end of the day. But still seeing the trend falling.
EUR/USD broke under support level 1.1000 next level is July low 1.0810, lets see how the NFP will go on Friday.
The euro recorded a significant decrease against the dollar on Wednesday. The single currency registered losses for a second day and consequently both supports at 1.0894 and 1.0852 were broken. The expectations remain in favor of the US dollar, the negative trend is likely to continue until reaching the key level at 1.0806. Wednesday session started at 1.0961, and the euro finished with 98 pips lower. Bottom of the day was hit at 1.0844.
Yesterday the EURUSD fell with a wide range and closed in the red near the low of the day, breaking below the 1.0900 support.
The key levels to watch are 1.1097 (Resistance), the 10-day moving average at 1.0974 (resistance), 1.0900 (Resistance) and 1.0819 (support).
The EUR/USD in a tight range today tested the support at 1.0845 but rose above it. Let us see tomorrow if it is going to break the support level.
EUR/USD is consolidating around the opening price, tomorrow is the NFP.