EUR/USD Consolidated its losses from yesterday evening before a day on the calendar light


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After several days of hesitation, the pair EUR/USD made a step in the direction of the fall yesterday, dented by a Dollar donation side stimulated by the increase in the rate to 10 years in the USA.

It is mounted on top of the 2.9%, moving closer so more of the symbolic threshold of 3%, which draws the draws on the greenback.

In this context, the EUR/USD had posted a sharp decline yesterday, between a peak of 1.24 in the morning, and a low of 1.2329 last night.

Last night, the EUR/USD pair has been content to consolidate its losses, above an immediate support at 1.2335. In case of continuation of falling below this threshold, the next support potential will be towards the psychological level of 1.23.

The increase, we can consider 1.2350 as immediate resistance, before 1.2375, then the area around 1.24.

Finally, as regards the economic calendar, this Friday 20 April 2018 will be fairly quiet, with no statistical significant in Europe or the United States.

It should be noted, however, that several central bankers speaking today after the economic calendar, with Weidmann (ECB) at 13: 30 and Williams (Fed) at 17: 15.

At the time this article was written, the EUR/USD is evolving at 1.2340, in expectation of the beginning of the european session.

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