Trader, analyst and instructor with a 6-year experience

EUR/USD: daily update

EUR/USD is slightly down from highs after having peaked at $1.3310 in the Asian trade on US Bullards comments. The pair is now consolidating around $1.3290 ahead of a big bunch of the US data releases (starting from 12:15 GMT with another Bullard's speech, see more at http://fxbazooka.com/en/calendar). Euro zone's agenda is empty today, so all eyes on America. 

In our view, EUR/USD sales could accelerate today. Next support for the pair is seen at $1.3280, $1.3230, $1.3200 and $1.3180. Resistance lies at $1.3300/10, $1.3340 and $1.3400/15. 

Chart. H1 EUR/USD


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