Exchange rate EUR / USD has dropped sharply points yesterday after new construction of housing and construction permits from the United States rose more than expected in June 7 forex pair breaks below its threshold of 1.3330 (support levels turned into resistance) and is currently trading just below the 1.3300 support level (S1), is marked by the lowest level of the first day 11/07/2013. Today, we'll get the minutes from the latest FOMC meeting and if written certification tough stance slightly by meeting statement, we can witness the exchange rate closed below the 1.3300 threshold (S1) for the first time since September last year. The pulling down that can provide the basis for the expansion of the larger decline, probably towards the 1.3200 (S2).
• Support levels: 1.3300 (S1), 1.3200 (S2), 1.3100 (S3).
• Resistance levels: 1.3330 (R1), 1.3415 (R2), 1.3445 (R3)
• Support levels: 1.3300 (S1), 1.3200 (S2), 1.3100 (S3).
• Resistance levels: 1.3330 (R1), 1.3415 (R2), 1.3445 (R3)