The Euro finished Wednesday little changed when valued against the Greenback trading around 1.1350. On the release front yesterday EU final Markit Composite PMI for the month of November came in at 52.7, better than the initial estimate of 52.4, but below October's reading of 53.1, hitting its lowest since September 2016. We also saw the release of Retail Sales in the EU which increased by 0.3% for the month October, beating expectations, although the yearly reading fell short of the market's forecast, resulting at 1.7% vs. the 2.1% expected.
Looking ahead today and there are no scheduled releases for the EU with all the attentions turning on Friday’s US data releases particularly ADP Non-Farm Employment and Trade Balance report.
From a technical perspective, the EUR/USD pair is currently trading at 1.1343. We continue to expect support to hold on moves approaching 1.1310 while now any upward push will likely meet resistance around 1.1360.