The EUR/USD pair's quotes have returned to the range, encountering resistance in the zone of the 1.1200 mark. We previously wrote about the likelihood of this decline. The price found support without reaching the level of 1.1100.

Today's Agenda

Today's agenda includes the pre-scheduled speech by the Chairman of the US Federal Reserve, Jerome Powell, as well as data on unemployment benefit applications, GDP for the second quarter, and preliminary data on orders for durable goods in the United States. The resistance zone remains the range located above the 1.1200 mark. Significant support may be found closer to the 1.1000 level.