The pair consolidated in a small trading range of 56 pips including a high of 1.09414. It traded in a thin daily range of 75 pips with a high of 1.0941 and a low of 1.0881.
EURUSD traded sideways mostly, giving no clear sign of the market trend. In initial trading sessions, the pair flew to test the recommended resistance level of 1.0945. But later, It fell to trade at 1.0903 as the US Dollar increased on better than anticipated U.S economic figures, essentially the Pending Home Sales and unemployment claims.



German Prelim CPI m/m
Spanish Flash CPI y/y
Spanish Flash GDP q/q

Advance GDP q/q
Advance GDP Price Index q/q
Employment Cost Index q/q
Revised UoM Consumer Sentiment

Support & Resistance Levels

R3: 1.0981
R2: 1.0953
R1: 1.0936
Pivot Point: 1.0909
S1: 1.0881
S2: 1.0864
S3: 1.0837

Still Active Sell Below: 1.0945
Take Profit:
1st @ 1.088 (Achieved)
2nd @ 1.082
Stop Loss @ 1.097


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