Overall, EUR/USD is ranging across. Recently, EUR/USD has been moving across.
The eurozone final employment change q/q data (Actual: 0.1%, Forecast: 0.1%, Previous: 0.1%) and revised GDP q/q data (Actual: 0.2%, Forecast: 0.2%, Previous: 0.2%) release were as forecasted. The market did not react much to the data release.
Currently, EUR/USD is testing to break above the key level of 1.11. EUR/USD’s next support level is at 1.10100 and the next resistance level is at 1.11500.
Look for trading opportunities only after the U.S. non-farm payroll data is released.
The eurozone final employment change q/q data (Actual: 0.1%, Forecast: 0.1%, Previous: 0.1%) and revised GDP q/q data (Actual: 0.2%, Forecast: 0.2%, Previous: 0.2%) release were as forecasted. The market did not react much to the data release.
Currently, EUR/USD is testing to break above the key level of 1.11. EUR/USD’s next support level is at 1.10100 and the next resistance level is at 1.11500.
Look for trading opportunities only after the U.S. non-farm payroll data is released.