FxWirePro: Strong support for EUR/USD at 1.090, breaks below could take the pair to 1.080
EUR/USD is currently trading at 1.0928, with immediate resistance at 1.1006 (10 DMA) and support at 1.0897 (30 DMA Lower Bollinger) Markit PMI surveys data released earlier pointed to quarterly EZ economic growth of arou…
EUR/USD is currently trading at 1.0928, with immediate resistance at 1.1006 (10 DMA) and support at 1.0897 (30 DMA Lower Bollinger)
Markit PMI surveys data released earlier pointed to quarterly EZ economic growth of around 0.4 percent, in line with the forecasts
EZ business growth remained tepid last month, with ECB's massive stimulus programme having little apparent impact on economic activity or price pressures
Stronger European stocks and rising odds of Dec Fed rate hike pose a double whammy for the shared currency
10 DMA at 1.1006, & tenkan line at 1.1018, help keep bear pressure on, further weakness on charts, pair could target 1.0810
