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EURUSD

EURUSD
EURUSD
Investors in the EUR/USD pair are focused today on U.S. Manufacturing PMI, Services PMI, and New Home Sales data. In particular, the signals that PMI figures will provide regarding economic activity will be closely monitored for the short-term direction of the U.S. Dollar Index. Data that may come in above expectations could support dollar demand and increase pressure on the pair. Within this framework, the selling-pressure-driven trend is expected to continue in the technical outlook, with selling pressure remaining intact.
Support
1.1341 – 1.1317
Resistance
1.1413 – 1.1460

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