August 15, 2014 7:56:09 PM EST
by NewMovesMarketsForex Staff Writer
Just prior to the New York trading session open in full swing this fine Tuesday morning, August 15, 2017, the EUR USD manages to hit a six day low of 1.1686 before recovering back to a intraday high of 1.1744.
US dollar has been displaying significant strength weighing down the Euro cross pair with a series of positive US economic news releases this morning:
- Core Retail Sales month over month July release Beat expectation coming in at .3%
- Export Price Index month-over-month July came in .4% exceeded expectations
- Retail Sales month over month July surpassed expectations coming in at .6%
U.S. dollar Index was trading at 93.95 +.36% (+.38%) on August 15th 2017 at 8:45 a.m. eastern standard time this morning when the Euro made its low of 1.1686.
August 16, 2017 Major High Impact News that could affect EURUSD :
|08:30||USD||Building Permits (Jul)||1.250M||1.275M|
|10:30||USD||Crude Oil Inventories||-3.058M||-6.451M|
|14:00||USD||FOMC Meeting Minutes|
*** EUR USD Technical Analysis Intraday Outlook:
Levels of support 1.1665 S2 1.1641 Resistant Areas 1.1793 R2 1.1830