EUR/USD - ....... Euro traded narrowly in subdued North American session on Monday. Although intra-day selloff in dlr/yen led to a brief moment of broad-based usd's weakness at European open and lifted euro to intra-day high of 1.1182, renewed selling then emerged n price later fell steadily to session low of 1.1140 in N. American morning before moving narrowly.
The fact that euro is trading near Monday's low suggests market is eager to pressure price towards last week's low at 1.1123 and stops are reported below 1.1120 and more below 1.1100.
Offers are noted at 1.1160/70 and more above with stop above 1.1185. So selling euro on recovery is the way to go.
A slew of eco. data will be release during European morning starting off with German industrial orders and then EZ revived GDP.
Actionable trading levels delivered LIVE to YOUR charts
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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