EUR / USD: The pair remains stable around 1.19 before a day that will be more lively than yesterday :


The EUR / USD continues to stabilize around 1.19 this morning after a day of consolidation against an empty schedule yesterday.

Recall that the pair had started the week with a bullish gap, and had managed to score a peak at 1.1923.

The resistance zone around 1.1925 nevertheless put an end to the rise, and the Euro Dollar then consolidated around the psychological threshold of 1.19, facing an empty schedule and a private market of American traders (public holiday) .

This morning, the pair remains very calm, before a day that will be more lively than yesterday, with new estimates of European SMEs and retail sales of the euro area this morning, and with orders to US industry this afternoon. It will also be necessary to watch speeches of Fed members, with Brainard at 14h and Kashkari at 19h10.

From a graphic point of view, the first support is at 1.1885-90, before 1.1870, 1.1850 and 1.1825. On the rise, the resistances are at 1.1925, 1.1950, 1.1980-85, 1.20, 1.2050 and 1.2070.

Currently, the EUR / USD is trading around 1.19 on Forex.
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