FXStreet – The Greenback continues its decline on Wednesday to continue and this helps the GBP/USD his new multi-month high around 1,1120 to form.
EUR/USD supported at 1,1080
The Couple was able to conquer back the 1,1100, and rise, after the day deep in the vicinity of the 1,1080 the buyer came back.
The commandments against the Couple remain intact, as the USD strengthened Weaker, due to the political turmoil in the United States.
The final reading of the Euro zone April Inflation from the previous estimate.
To data today from the US, only the weekly EIA crude oil inventories.
• EUR/USD can the 1,1300 test – Commerzbank
• EUR/USD: the Expansion of the movement to 1,12 is possible – UOB
EUR/USD significant levels
Currently, the days income is 0.32 % in the case of 1,1118 and the next Resistances lie at 1.1122 (2017 High 17. May), 1,1146 (High-4. November 2016) and 1.1300 (High-9. November 2016). On the other hand, supports are located at 1,1073 (76,4 % Fibo of 1,1300-1,0339), 1,0911 (20-day SMA) and 1,0826 (200-day SMA).
** FXStreet News Editorial, FXStreet**