The Euro is once more at the resistance cluster made up of the weekly and monthly pivot points from 1.1224 to 1.1230 against the Greenback.
The common European currency failed to surge against the US Dollar on Monday, and the rate began a fall which was prolonged into Tuesday.
The Euro is in its fourth consecutive session of gains against the US Dollar. However, the gains of the previous sessions have been small, and the currency pair opened Monday's trading session lower, than the previous close on Friday.
The common European currency continued to surge against the US Dollar, as the currency exchange rate moved in tandem with the channel up pattern's lower trend line for the third consecutive trading session.
The EUR/USD pair slightly moved northward on Thursday morning. However, the currency exchange rate is set up for a further surge.
EUR/USD continued the bullish motion it took up on Tuesday, eyeing the 1.1201/03 support area for tests.
Stalled by the 1.1253 supply level EUR/USD opened with a sell-off, giving up the track towards the broken channel trend-line at 1.1274.
EUR/USD hovered below the 1.1230 mark, managing to preserve its track through the consolidation to reach for the 1.2695 broken channel trend-line.
The common European currency remained above the support cluster located from 1.1190 to 1.1200 against the US Dollar on Friday morning, unopposed up to the level of 1.1240.
The pair is on its way to the lower trend-line of the three-week channel at 1.1253 at first, and the 1.1.1280 three-month channel up for tests after that.
The Euro did not trade long squeezed in between two levels of significance against the US Dollar, as the rate broke out to the downside, and it is falling on Wednesday morning.
The Euro is trading almost flat on Tuesday morning against the US Dollar, as it is squeezed in between two clusters of significant levels.
On Monday morning the Euro is recovering after suffering heavy losses of almost 100 pips against the Greenback.
On early Friday morning, the Euro depreciated against the US Dollar, as the pair is trading above the weekly PP, which is located at 1.1233.
The common European currency is set up for a surge against the US Dollar, as the currency exchange rate faces no resistance in a 75 pip range.
The common European currency found support on Wednesday morning against the US Dollar, as the currency exchange rate rebounded against a combination of the long term channels lower trend line and the 20 and 100-day simple moving averages around the level of 1.1210.
The Euro remained flat against US Dollar on Tuesday morning, as the currency exchange rate has become stuck around the weekly PP at 1.1233.
The Euro opened Monday's trading session just above the weekly PP against the US Dollar, as the currency exchange rate faces no resistance up to the level of 1,1326.
The Euro gains strength against the US Dollar, as the currency exchange rate is surging on Friday.
The common European currency remained flat, as it lost all of the previous volatility due to the fact that the ECB rate decision will be published today at 11.45.
Once again the US Dollar has shown its weakness and depreciated against the common European currency. Due to that the currency exchange rate surged on Tuesday and continues the surge on Wednesday.
The common European currency is trading flat on Tuesday morning against the US Dollar, as the pair is without a clear direction before the EU GDP data for the second quarter of 2016.
The EUR/USD pair moved higher on Monday morning, as it reached a resistance cluster above.
The common European currency confirmed a channel upward pattern against the US Dollar on Thursday, as the rate rebounded against the pattern's lower trend line.