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27 Mar 2015
EUR/USD remains below 1.0900
FXStreet (Edinburgh) -EUR/USD keeps the trade below the 1.0900 handle on Friday, unable to gather traction despite the mixed results in the US calendar.
EUR/USD rebounds from 1.0800
After dropping to the boundaries of the critical support at 1.0800, the pair managed to stage a come back to the 1.0900 neighbourhood, although a break above it still remains elusive.
Further data from the US economy showed the consumer sentiment surpassing estimates at 93.0 for the current month, according to the Reuters/Michigan index. Next of relevance will be the speech by Chairwoman Janet Yellen during the European evening/night.
EUR/USD levels to consider
As of writing the pair is down 0.07% at 1.0875 with the immediate support at 1.0801 (low Mar.27) ahead of 1.0767 (low Mar.23) and finally 1.0656 (low Mar.20). On the upside, a breakout of 1.0930 (100-h MA) would aim for 1.1052 (high Mar.26) and finally 1.1062 (high Mar.18).
EUR/USD rebounds from 1.0800
After dropping to the boundaries of the critical support at 1.0800, the pair managed to stage a come back to the 1.0900 neighbourhood, although a break above it still remains elusive.
Further data from the US economy showed the consumer sentiment surpassing estimates at 93.0 for the current month, according to the Reuters/Michigan index. Next of relevance will be the speech by Chairwoman Janet Yellen during the European evening/night.
EUR/USD levels to consider
As of writing the pair is down 0.07% at 1.0875 with the immediate support at 1.0801 (low Mar.27) ahead of 1.0767 (low Mar.23) and finally 1.0656 (low Mar.20). On the upside, a breakout of 1.0930 (100-h MA) would aim for 1.1052 (high Mar.26) and finally 1.1062 (high Mar.18).