• The EUR/USD pair inched higher on Monday as investors were cautious ahead of President Donald Trump's address to a joint session of Congress on Tuesday.
   
• Investors will be closely watching Trump's address for clues on his proposed tax reform and his plans to overhaul the Affordable Healthcare Act.
   
• Also weighing on sentiment was a Commerce Department report that showed new orders for U.S.-made capital goods unexpectedly fell in January after three straight months of strong gains.
   
• To the upside, the immediate resistance can be seen at 1.0621, a break above this level would expose the pair to next resistance level at 1.0680.
   
• To the downside, immediate support can be seen at 1.0561, a break below at this level will open the door towards next level at 1.0536.
  
  Resistance Levels
  
  R1:  1.0621 (50% Retracement level)       
  
  R2: 1.0680 (61.8% Retracement level)    
  
  R3: 1.0710 (Feb 9th high)
  
  Support Levels
  
  S1: 1.0561 (38.2% Retracement level)                    
  
  S2: 1.0536 (Feb 23rd lows)
  
  S3: 1.0488 (23.6% Retracement level)