EUR/USD: Crucial support aligns at the 1.10 mark – Scotiabank

EUR/USD slips from Wednesday’s peak. Economists at Scotiabank highlight important support located at the 1.10 level.

Resistance past 1.1090/00 aligns at the mid-figure zone

“For now, the EUR appears to be holding up relatively close to the mid-1.10s. Support is 1.1025 and, more importantly, at the 1.10 level area followed by the mid 1.09s.”

“Resistance past 1.1090/00 is the mid-figure zone.”