EURUSD

Today's key data flow: revisions of Michigan Consumer Confidence and inflation expectations from the US; on the Euro side, data flow is limited. The risk appetite closing the week and the trend of US bond yields may be decisive. An upward revision in inflation expectations could create pricing in favor of the dollar, while a downward revision could favor the euro.

Technical Levels: 1.19505 - 1.18486 - 1.16944 - 1.15431 - 1.14907 - 1.13394 - 1.12375

As long as it stays below 1.16944, the supports at 1.15431 and 1.14907 are on the agenda. A settlement above 1.16944 will highlight the resistances at 1.18486 and 1.19505.