The currency pair remains in uptrend movement. at this hour. Current price 1.4448. Next target may be around 1.4460. If the price break above this level then we can expect next target to be 1.4480-1.4500 area. On the other hand if the price breaks below 1.4420 then we can expect further decline towards 1.4400 area.
On the forex calendar for today:
@ 9:00am GMT - EU CPI Flash Estimate y/y - medium
@ 9:00am GMT - EU Unemployment Rate - medium
@ 12:15pm GMT - US ADP Non-Farm Employment Change - high
@ 1:45pm GMT - Chicago PMI - medium
@ 2:00pm GMT - US Factory Orders m/m - medium
@ 2:30pm GMT - US Crude Oil Inventories - medium
On the forex calendar for today:
@ 9:00am GMT - EU CPI Flash Estimate y/y - medium
@ 9:00am GMT - EU Unemployment Rate - medium
@ 12:15pm GMT - US ADP Non-Farm Employment Change - high
@ 1:45pm GMT - Chicago PMI - medium
@ 2:00pm GMT - US Factory Orders m/m - medium
@ 2:30pm GMT - US Crude Oil Inventories - medium