To this day the greenback rate against other high-yield currencies is limited and has not shown many changes in the overall trend. Speculators take advantage of current momentum because the dollar was triggered by released data of the US reports. But apart from fundamental factors, the dominant issue of the problem slowing the global economic recovery will encourage the market participants to use the safe haven currency. The currencies which have a high level of risk are the euro, the pound and the Aussie, which can fall again. By the way, today many important economic releases are due, which can affect the market movements. They are able to increase the euro; however, the unemployment data from the USA are expected to uprise the declining US dollar.
Here are the important intraday levels for this pair today:
Breakout Buy level : 1.2732.
Strong Resistance : 1.2724.
Original Resistance : 1.2712.
Inner Sell Area : 1.2700.
Target Inner Area : 1.2670.
Inner Buy Area : 1.2640.
Original Support : 1.2628.
Strong Support : 1.2615.
Breakout Sell level : 1.2608.
