On Tuesday the EURUSD pair oscillated between 1.11440 and 1.11030 without providing any particular operational cues. The short-term technical structure still remains contrasted.
Despite this, the short-term trend of the Euro against the US currency shows a moderately positive trend with the first area of resistance estimated at 1.11840 and support at 1.10820.
Operating levels indicate an expansion of the curve from yesterday’s highs, with prices likely to go up to the important resistance area estimated at 1.11840.
The deviation of the prices of the currency from the average of the recorded values assumes a value of 0.2866%, against a weekly performance equal to -0.18%.