Filed Under:
Forex pairs in this Article » EUR/USD
FXStreet (Córdoba) - The EUR/USD pushed to fresh highs as the greenback weakened further on the back of disappointing US data.

US jobless claims rose to 339,000 last week, missing market's forecast, while January retail sales dropped 0.4% against a flat reading expected. The EUR/USD rose to its highest level in 2 weeks of 1.3691 before losing momentum. At time of writing, the EUR/USD is trading at the 1.3680 area, 0.7% above its opening price.

EUR/USD levels to watch

In terms of technical levels, the EUR/USD could find next resistances at 1.3691 (Feb 13 high) and 1.3700 (psychological level) ahead of 1.3716 (Jan 27 high). On the other hand, supports are seen at 1.3584 (10-day SMA) followed by 1.3562 (Feb 12 low) and 1.3551 (Feb 7 low).
comments powered by Disqus