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Forex pairs in this Article » EUR/USD (Edinburgh) -The EUR/USD is now back to the negative ground after the US ADP report exceeded estimates during July.


The US private sector added 200K jobs In July, a tad better than June’s 198K (revised up from 188K). Next on tap in the US docket will be the Annualized GDP figures during the second quarter and the inflation figures gauged by the PCE during the same period. Prior surveys expect the economic activity to have expanded 1.2% and prices to increase 1.6% inter-quarter.

EUR/USD key levels

The pair is now losing 0.12% at 1.3246 with the next support at 1.3234 (low Jul.30) ahead of 1.3208 (high Jul.11) and then 1.3200 (psychological level). On the other hand, a break above 1.3302 (high Jul.20/30) would aim for 1.3325 (low. Jun.18) and then 1.3417 (high Jun.19).
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