EUR/USD Test of 1,1200 after US data

FXStreet – The sale of the interest in respect of the community currency put and so is testing the GBP/USD day-to-day deep in the area of the key support of 1,1200.

EUR/USD is the USD weakened purchases

The Pair to extend its downside correction from the intraday high from the mid-1,1200, after the initial jobless claims on 234K had risen, which is better than the prognosis of 238K. The 4-week average fell from 241,00 K on 235,25 K.

EUR/USD Outlook short term neutral/bearish – Scotiabank
GBP/USD speculation to Test the 1.1300 fall – UOB

EUR/USD significant levels

Currently, the daily loss -0,20% 1,1197 and the next supports is at 1,1167 (Deep 24. May), 1,1073 (76,4 % Fibo of the 1,1300-1,0339) and 1,1023 (20-day SMA). On the other hand, Resistances can be found at 1,1250 (High-25. May), 1,1267 (2017 High 25. May) and 1.1300 (High-9. November 2016).

** FXStreet News Editorial, FXStreet**

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