Chat with us, powered by LiveChatEUR/USD Up on Dovish Fed, EU PMI Data Eyed for Growth Signs

EUR/USD Up on Dovish Fed, EU PMI Data Eyed for Growth Signs

EUR/USD Up on Dovish Fed, EU PMI Data Eyed for Growth Signs

EUR/USD Up on Dovish Fed, EU PMI Data Eyed for Growth Signs

The EUR/USD pair rebounded after the FOMC meeting yesterday, showing a dovish stance from the Fed. The pair came back close to the 1.0950 resistance level. Today, PMI data from the EU and Germany will reveal more developments in the economy of the region as possible improvements in conditions have been observed.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

1.1100

1.1000

1.0950

1.0870

1.0800

1.0700

 

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