EUR/USD finds support above 1.0680

The EUR/USD is trading around 1.0700, then you have found support in the area of 1.0680 and after having climbed up to 1.0710. The crossing continues to conduct tours side with a bias to bearish, that still holds.

In case of overcome 1.0715/20, which is where it is happening the moving average for 20 hours, the euro could gain time to extend the upload, maybe to test the highs of the day which are placed wax 1.0740. Then the next resistance can be found at 1.0770.

In the opposite direction, in the event consolidated below 1.0680, it could lead to an acceleration lower. At 1.0630 is a strong support, which could contain the falls.

The financial markets are mostly consolidating routes, without registering significant variations. In minutes, publish the preliminary report PMI from Markit for the united States and then the report of sale of housing. These could bring some movement to the markets, but not in the way everlasting. The great expectation for this cross is still in what may happen with the elections in France on Sunday.

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