10:26, 14 February
Today GDP data will be released form Eurozone while retail sales and industrial production figures will be announced from U.S. side. Yesterday, U.S.’ CPI data came in better than expected. We see that selling pressure continues on the pair.
Selling pressure continues on the pair. We expect down move continues if the pair stays below 1.0910 resistance level is short term.
Resistance levels : 1.0880 - 1.0910 - 1.0940
Support levels : 1.0825 – 1.0800 – 1.0780