Euro remains under pressure

The single currency is trading under pressure against the US dollar, amid general strengthening of the US currency against the most of the major market currencies. The pair EUR/USD is trading near the low of today’s trading on the background of mixed statistics on business activity in Germany and the Eurozone. See the Market News.

Technical analysis: The pair EUR/USD moves in the uplink on H1. The main support level at 1,1800 mark, in case of further reduction and fixing of the price below the level of 1,1800, one should expect further decrease in the area of ​​1,1750-1,1710; the main resistance levels at the levels 1,1910; 1.1940.

Fig. EUR/USD. Current price – $ 1.1842

Alexander Sivtsov