The pair EUR/USD grappille even a few pips early this afternoon before the publications US.
The rebound from under the 1.1750 had marked a break below 1.1825, including the announcement of the Spanish government on the outbreak of the Section 155 to take control of Catalonia, even before an official announcement of independence of the catalan Parliament, which was slow to clarify its position according to the government.
The downward movement is, however, remained very brief and limited, starting again now rising to the top of 1.1825.
We will be watching at 14: 30 the publication of the manufacturing index of the Philadelphia Fed, and if the latter fails to do the falling EUR/USD below the 1.1825, we may see a continuation of the rebound towards 1.1880 in the very short term.
Below 1.1825, we could have a new period of consolidation, with 1.1775 as key support.
The pair EUR/USD is currently trading at 1.1835 on the Forex.
Chart EUR/USD H1
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This chart has been realized with the trading platform TradingStation 2 provided by FXCM France.