EURUSD

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EURUSD

In the EURUSD pair, the market appears cautious ahead of the US Services PMI and ISM Non-Manufacturing PMI data to be announced today; figures that may come in above expectations could support the dollar, accelerating the decline and leading the pair to move towards the support levels of 1.13394 and 1.12375 below 1.14907. However, if the data is surprisingly weak, a rebound could be possible, first towards 1.15431 and then towards 1.16944; however, the current technical structure generally supports the downside.

Support :

1.14907 - 1.13394 - 1.12375

Resistance :

1.18486 - 1.16944 - 1.15431