We will focus on US Housing Data today. The EURUSD pair is trading below the major resistance level of 1.1219. As long as the pair stays below 1.1219, the US Dollar may gain more value versus the Euro and the daily support level can be found at 1.1103. On the other hand, if the price goes beyond 1.1219, we will watch 1.1285 as a key resistance level.
Support : 1.1103 - 1.0980 - 1.0837
Resistance : 1.1219 - 1.1285 - 1.1355
16 May 19 (Thu)
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