Overall, EUR/USD is ranging across. Recently, EUR/USD bounced off the support level of 1.07800.
In a Bloomberg webinar yesterday, European Central Bank President Lagarde said that the ECB “will continue doing whatever is needed, whatever is necessary... undeterred” in response to the recent German Court ruling on the ECB’s mass bond-buying programme.
President Lagarde will be delivering opening remarks at an event later at 1900 (SGT).
EUR/USD’s next support level is at 1.07800 and the next resistance level is at 1.09700.
Look for short-term buying opportunities of EUR/USD up until the release of the U.S. jobs report at 2030 (SGT).
In a Bloomberg webinar yesterday, European Central Bank President Lagarde said that the ECB “will continue doing whatever is needed, whatever is necessary... undeterred” in response to the recent German Court ruling on the ECB’s mass bond-buying programme.
President Lagarde will be delivering opening remarks at an event later at 1900 (SGT).
EUR/USD’s next support level is at 1.07800 and the next resistance level is at 1.09700.
Look for short-term buying opportunities of EUR/USD up until the release of the U.S. jobs report at 2030 (SGT).