The euro collected a few blessings earlier today after monetary and modern information surpassed gauges (see schedule beneath). This could repeat the hawkish way of talking seen yesterday through a few ECB authorities including President Christine Lagarde. Albeit the title buyer certainty figure slipped to record lows, the print was in accordance with assumptions that moved concentration to the previously mentioned financial and modern measurements. Concentrate presently moves to national bank heads talking sometime this evening at the ECB’s Sintra discussion
Resistance levels:
- Trendline resistance (black)
- 50-day EMA (blue)/1.0601
- 20-day EMA (purple)
Support levels:
- 1.0500
- 1.0340
