Bizintra

EUR/USD Shows Little Reaction

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
EUR/USD saw little reaction as German IFO Business Climate Index beats estimates.

Escalating US-China tensions continue to make dollar’s safe-haven status more attractive.

The Euro is currently trying to recover this mornings losses as it makes it’s way back to 1.0910,

I’ll be looking for a drop off from this level.

Support: 1.0870 – 1.0850
Resistance: 1.0910 – 1.0928

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