EUR /USD Pair on intraday basis remain neutral
of the moment.
Support at 1.1340 Resistance at 1.1420, If Close
below 1.1340 it can touch the 1.1300 level else could test its resistance level
of 1.1430.
The currency pair traded in a broad range
between 1.1347 and 1.1465 and hit fresh 5 months high before
settling at 1.1384 yesterday.
EUR jumped approx. 2 % and still look positive
against the US counterpart since U.S federal reserve seems non aggressive on
increasing interest rate in near term.
