EURUSD dropped yesterday and closed at 1.3488. The Unemployment Claims in the United States dropped to a level of 305K during the last week. The Final GDP in the United States grew 2.5 percent in the second quarter of 2013. The Pending Home Sales in the US dropped 1.6 percent month over month in August. Official data released from the Eurozone showed that the M3 Money Supply in the currency union rose 2.3 percent on an annual basis in August. The pair recorded a rise in the session today and its currently trading above the 1.35 level. Investors are looking forward for the series of speeches from the FOMC members in the United States due in the session ahead. Support for the EURUSD is seen at 1.3460 and resistance is seen at 1.3537. The HotForex Traders Board shows that 70 percent of the traders are short on the EURUSD.
EURUSD trading above the 1.35 level after the speech of ECB President Mario Draghi
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