EUR/USD Retreats to 1.0870 Support on Dollar Strength After PPI Data
The EUR/USD pair returned to the support level around 1.0870 following dollar strength after yesterday's PPI data, confirming persistent inflation. A downward breakout could drive the price toward the next level of 1.0800 followed by 1.0700.
|
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
|
1.1100 |
1.1000 |
1.0950 |
1.0870 |
1.0800 |
1.0700 |