- US dollar remains strong after Fed's Bullard on Monday added to expectations that US interest rates could be raised as early as September
- EUR/USD is currently trading at 1.0814, below May 2015 low of 1.0817, day's range 1.08335/08108
- Immediate support is located at 1.0785 (Apr 24 low), while resistance is seen at 1.0906 (Jul 17 high)
- No major Eurozone data is due for release in the European session, divergent monetary policies to guide the pair
R1: 1.0906 (Daily High Jul 17)
R2: 1.0916 (Daily Low Jul 7)
R3: 1.0963 (Daily High Jul 16)
Support levels:
S1: 1.0819 (Daily Low May 27)
S2: 1.0785 (Daily Low Apr 24)
S3: 1.0744 (76.4% of 1.0521 - 1.1468)
