EURUSD

EURUSD

The US consumer price index increased 0.4% from August, according to Labor Department data released Wednesday. Compared with a year ago, the CPI rose 5.4%, matching the largest annual gain since 2008. Excluding the volatile food and energy components, so-called core inflation rose 0.2% from the prior month.

The EURUSD pair is trading above the 1.1589 main support level. As long as the EURUSD pair stays above 1.1589, on a four-hourly basis, we will follow 1.1659 as the resistance level. On the downside, if the price drops below 1.1589, the next support level will be at 1.1507.

Support : 1.1589 - 1.1507– 1.1421

Resistance : 1.1658– 1.1744 - 1.1819

14 Oct 21 (Thu)

12:38 pm



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