Tuesday morning investors await U.S. inflation data for clues about the likely timeline for asset tapering and interest rate hikes. They also digested better-than-expectedChinese trade data.
The euro stood flat at $1.18550, having hit a two-week peak of $1.1900 in European trade. Euro Dollar shall be in a Sideways situation for today showing a trading range with 1.1900 as Resistance and 1.1820 as Support.
Resistance 2 1.1900
Resistance 1 1.1880
Support 1 1.1840
Support 2 1.1820