EUR / USD jumps to new highs of the day near 1.2180 due to activation of risk appetite

Risk appetite has returned to the markets and the euro is benefiting from it. The crossing EUR / USD has jumped in the past hour to new daily highs at 1.2176, recovering about 70 pips since the European open hit six-day lows at 1.2107.

He dollar index DXY, for its part, stars in the reverse route, sliding to 90.11, its lowest level of the day.

The US Conference Board consumer confidence index improved expectations in January, reaching 89.3 compared to the 89 forecast and exceeding 87.1 the previous month.

The european bags They head to the close with Profits. The German DAX gains 1.98%, while the CAC 40 and the Eurostoxx 50 grow around 1.5%. In the United States, the Dow Jones advances 0.12% and the S&P 500 does 0.10%.

EUR / USD levels

With the cross currently operating above 1.2164, gaining 0.19% on the day, the next upside target appears at the 1.2200 zone. Higher up awaits resistance 1.2222, top of January 13.

To the downside, the first major support continues at 1.2100. Further down, the target is 1.2076, the bottom of January 20.

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