EUR/USD is holding around 1.0640

The pair EUR/USD stays above 1.0600 at the moment, now testing the area of 1.0640.

The rise of EUR/USD was stopped near 1.0650

The bias offered around the greenback remains intact at the beginning of the week, while market participants continue digesting the disappointing results of the Friday of retail sales of the EE.STATES, and of the figures of inflation measured by the CPI.

In addition, comments from the president Donald Trump on Thursday with regard to the strength of the dollar will continue to undermine the performance of the dollar, affecting the yields in the money markets of the united States and plotting against any attempt to bullish for the DXY.

The European markets will remain closed today due to the holiday of Easter Monday, leaving all the attention to the agenda of the united States, where the rate of report manufacturing of new york, the index NAHB and flows, the TIC will come out later.

From the side of the positioning, the shorts net speculative euro have regained traction during the week ended April 11, advancing at a maximum of 3 weeks according to the last report of the CFTC.

Levels of EUR/USD

At this time, the pair is gaining 0.28% to 1.0642 showing the next barrier at 1.0633 (maximum of 14 April) followed by 1.0662 (SMA of 55 days) and finally 1.0679 (maximum 13 April).

On the negative side, a break below 1.0568 (minimum of 10 of April) was directed to 1.0523 (minimum of 9 march) en route to 1.0493 (minimum of 2 march).

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