The US dollar received support. Data by ISM USA

The US dollar strengthens its position against the basket of currencies amid mixed statistics by the US ISM.

• The index of employment in the manufacturing sector by ISM in December fell to 57.0, against the previous value of 59.7.
• In turn, the index of business activity in the manufacturing sector (PMI) by ISM in December rose to 59.7, exceeding the November value of 58.2.
• The index of prices in the manufacturing sector by ISM also increased significantly and amounted to 69.0, which is higher than the previous value at the level of 65.5.

Technical analysis: Based on this statistics, the pair EUR/USD almost closely approached the psychology of 1.2000. In the event that the price of the instrument will be able to gain a foothold below the level of 1.2000, one should expect a further decline to 1.1960; 1.1940. In turn, the decision on trade should be made on the results of the publication of the FOMC protocols. For more information, see “The Market is in anticipation of FOMC protocols“

Fig. Schedule EUR/USD. The current price is $ 1.2005.

Alexander Sivtsov