EUR/USD Rises Ahead of US PCE Data

Before the release of the US PCE data, the EUR/USD pair began the day on an upward trend. The first resistance level is at 1.0870; if this is breached, traders should watch subsequent resistance levels at 1.0900 and 1.0950. On the downside, the initial support level stands at 1.0810, with further support at 1.0760 and 1.0710 if the pair declines further.

Resistance 3	Resistance 2	Resistance 1	Support 1	Support 2	Support 3
1.0950	1.0900	1.0870	1.0810	1.0760	1.0710