Risk-linked currencies AUD and NZD remain under pressure ahead of the outcome of the FED meeting.
Both the currencies edging lower against the US dollar.
The key support levels to watch today⬇️
AUDUSD: 0.7290 and 0.7240
NZDUSD: 0.6910 and 0.6870
Lack of USD liquidity continues with Thanksgiving holiday while the commodity currencies, the Australian and New Zealand dollar surged to fresh session highs.
On the other hand, GOLD and oil price trading unchanged due to shorted trading day.
Support: 92.80 and 92.20 Resistance: 93.55 and 94.10
Support: 1.1760 and 1.1690 Resistance: 1.1860 and 1.1920
Support: 0.7160 and 0.7100 Resistance: 0.7245 and 0.7285
Support: 1908 and 1880 Resistance: 1952 and 1975
Important trading levels to watch ahead of US retail sales and industrial data:
Support: $1940 and $1920 Resistance: $1960 and $1980
Support: 1.1770 and 1.1710 Resistance: 1.1860 and 1.1915
Support: 1.3040 and 1.3000 Resistance: 1.3100 and 1.3130
Support: 0.7110 and...
EUR/USD climbed to a fresh year high of 1.1545 on Tuesday. The currency gained after the EU leaders reached a deal on a coronavirus recovery package worth €750 billion and the pair also supported by the weaker dollar. The dollar index dropped to its lowest since early March on Wednesday during...