In today's trading, the euro / dollar continues to restore market position approaching key resistance 1.3500.
EUR / USD: The push up due to increased risk appetite
From the point of view of the upcoming economic releases, interest is the statistics on consumer prices in Germany by the end of September. According to analysts, this figure could reach 1.5% y / y In addition, today, will be presented a series of data on attitudes / confidence in the euro area, as well as statistics on retail sales in Spain in August. However, the focus catches the performance of Mario Draghi. Most likely, it will be painted in the "bearish" tone, which would limit the activity of "bull."
Technical levels
The pair rose to 0.08%, approaching 1.3499. As the resistance levels are 1.3555 (Sept. 23 high), 1.3569 (Sept. 19 high) and 1.3598 (maximum 5 February).
As downward movement of the breakout 1.3459 (23.6% for rollback movement 1,3104-1,3569) may refer to a pair of 1.3453 (max. 20 August), followed by 1.3399 (maximum 28 August) .
