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As a result, EUR/USD rebounded from the support at 1.1645. If the USD is weak today, the pair will have chances to reach the resistance at 1.1665. However, the trading isn’t extensive, moreover, there won’t be any important economic data today. As a result, there are risks of the fall. The support lies at 1.1565.
The GBP/USD pair is moving to the resistance at 1.3180 (the pivot point). The downward trend line is weighing on the pair as well. Today traders will take into consideration construction PMI data. The forecast is encouraging. If the actual data is greater than the forecast one, the pair will have chances to break the resistance. Otherwise, there are risks of the reversal. The support is at 1.3070.
As a result, the Australian dollar didn’t react to the meeting a lot. AUD/USD managed to reverse. Up to now, the pair has been moving up. However, the trendline will be a resistance for the pair. Moreover, on H4, 50-hour MA (0.7382) is putting pressure on the pair. No important economic data will be released today. As a result, there are risks that the pair won’t be able to break above the trendline. The support lies at 0.7320.
That’s all for today! Follow market news with FBS!
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