In today's trading positions pair EUR / USD slightly improved. Euro returned to the upper boundary of the range set and traded in the area of 1,3490 / 1,3500 . Market participants expect today's ECB President Mario Draghi (9.00 GMT).
According to the team of analysts BTMU, « atmosphere of uncertainty in the markets in the coming week is likely to continue. In the U.S. Congress is an ongoing debate on the bill on public spending . As you know , this document must be signed before October 1 in order to avoid the dissolution of the government. These events can undermine the position of the dollar, which is likely to lead to an increase in EUR / USD pair to an annual high of 1.3711 , recorded in February . "
According to one of the leading economists of Commerzbank, a pair of " continues to hold above the August high 1.3453 . Since the consolidation above this mark continues, we can not exclude further growth, although this is unlikely. Immediate support is at 1.3453 ( August high ) . Only the close of trading below this mark would weaken the upward pressure and can cause a rollback to 1,3302-1,3171 ( 55- and 200-day simple moving average ) . "
