EUR/USD today: the pair maintains a positive dynamics
On Wednesday, trading in the EUR/USD pair closed with moderate growth, despite the positive dynamics of stock indices and very weak US statistics. As a result, this pair confirmed the relevance of the upward trading channel.
Events for today:
- At 14:30 – the ECB monetary policy meeting minutes will be published.
At a very low-level trading on Thursday, the market’s attention remains focused on the publication of the ECB’s protocol, which does not expect significant changes in the monetary policy of the eurozone.
The EUR/USD pair continues to maintain an upward dynamics, despite the growth of pessimism in the stock markets of Europe, limited to reduced activity. Against the background of the weekend and the publication of the ECB protocol, multidirectional fluctuations are possible, but the upward dynamics of the pair will continue. Support levels are: 1.1400 and 1.1380, resistance levels are: 1.1450 and 1.1480.
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Hanzenko Anton
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