© O Financista. EUR/USD accebtue his fall, the low the annual at hand
The EUR/USD pair finally manages to accentuate its decline on Wednesday, with a new low of 1.1180, to 5 pips from the low annual marked last march.
Recall that the pair has suffered as of this morning the publication of the IFO index of business climate German disappointing, which posted a surprise drop in.
The widespread increase in the Dollar, linked in part to the announcement of new negotiations with China, and capital inflows related to the quarterly results of the companies in US were better than expected, leads also mechanically the EUR/USD pair.
The yield on 10-year Bonds of Germany, the reference currency in Europe, returns also in negative territory today, which is also a factor significantly bearish for the Euro.
In the case of a continuation of the fall under the lower annual 1.1175, the next support significant potential will be located at 1.11 and 1.11.
Finally, on the rise, 1.12, 1.1225, 1.1260, 1.13 and 1.1325-30 are the first resistances to be monitored.