FXStreet – The buying interest around the single currency put to, and so could the EUR/USD to a new daily high above 1.0900 to rise.
EUR/USD stronger, USD falling
The Couple was able to leave the negative vibes behind and to the 3-days high above 1.0900 to rise, after the US data were disappointing. The US CPI and retail sales for April fell short of expectations.
The US Dollar Index, which represents the strength of the USD vs. its 6 most important rivals, his past gains, and it is a Test of the 99,00, where the 200-day SMA and the 12-month support line are threatened.
Later, there is still consumer sentiment for may and the Fed Speeches by Chicago Fed C. Evans (voter, centrist) and the Dallas Fed P. Harker (voter, hawkish).
• GBP/USD Outlook remains neutral
EUR/USD significant levels
Currently, the daily gain of 0.51% at 1,0917 and the next Resistances is at 1,0935 (High-9. May), 1,0951 (2017 High 26. April) and 1,1024 (2017 High 8. May). On the other hand, supports are located at 1,0838 (Deep 11. May), 1,0826 (200-day SMA) and 1,0819 (Deep 24. April).
** FXStreet News Editorial, FXStreet**