• The single currency trades modestly flat against the US dollar heading into the European open
  
  
• Gains in EUR/USD near 1.1330 region did not last, pair slipped, erasing gains and currently trades at 1.1315 
  
  
• 1.1329 is a strong resistance for the major, while immediate minor resistance is located at 1.1324 (hourly could top)
  
  
• On the downside supports are seen at 1.1284 (Session low Sep 14) and further below at 1.1254 (Daily Low Sept 11)
  
  
• Key UK CPI data and German ZEW figures will be closely watched for further direction in the pair
  
  

Resistance Levels:

R1: 1.1324 (hourly could top)

R2: 1.1329 (4H Tenkan)

R3: 1.1373 (Session high Sep 14)

Support Levels:

S1: 1.1284 (Session low Sep 14)

S2: 1.1254 (Daily Low Sept 11)

S3: 1.1251 (21-Day MA)