EUR/USD is challenging the highs in the vicinity of the 1,1120

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**

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