EUR/USD: Eyes on US Core PCE Price Index and the Pending Home Sales

AAATrade Team AAATrade

EUR/USD

Looking at EURUSD’s chart, we can see that the FX pair hit its resistance level at around $1.0920-1.0930 and now it has been corrected to the rate of around $1.0872. Today, we could expect it to be traded at the past week’s trade range, which is from $1.0850 to $1.0925, until today’s announcement of the US Core PCE Price Index and the Pending Home Sales is made, along with today’s speech of the ECB President Lagarde.

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AAATrade Team

AAATrade

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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