EURUSD

EURUSD

Market will focus some important data from U.S. today. Industrial Production, Housing Starts and Building Permits will be announced. Ahead of U.S. data, the EURUSD pair has extended gainings. If the price sustains on a daily basis above 1.0980, we think the bullish action may continue. Otherwise, we will follow again support levels at 1.0920 and 1.0885.

 

Support: 1.0980-1.0920–1.0885

 

Resistance: 1.1050-1.1111-1.1160

16 May 17 (Tue)

09:30 am



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