Course greenbacks grow, supported by the fundamental backdrop, as it became known that in June the number of new homes in the United States exceeded the previous month. The US dollar was supported by comments from the Federal Reserve and. So, Lockhart noted the absence of the direct negative effects on the US economy Brekzita. In addition, Fed officials are increasingly inclined to raise rates before the end of this year.
The euro / dollar remained under pressure on Wednesday trading. Euro bears have fought for control of the 1.1000 support, but all their attempts to push the rate down to nothing lead. At the same time, the growth of the attempts were limited to a mark 1.1030. The tool remains in the downlink, at its lower boundary. Resistance is at 1.1050, support - at 1.1000.
MACD is in the negative zone. Histogram indicator decreased, which indicates the position gain sellers. RSI went back to the oversold zone, its signal line has decreased, which is also said to strengthen the position of sellers.
Price below 50-EMA, which acts as a drag on the 4-hour chart. Moving averages 50, 100 and 200 are directed downwards, which is considered for sale signal.
Forecast for today EUR / USD
The pair grew on strong support 1.1000. If EUR / USD breaks through the level down, the euro will go to 1.0900.
Based on materials from Fort Financial Services