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Forex pairs in this Article » EUR/USD (Córdoba) - The EUR/USD took a breather Thursday and spent the day in quiet consolidation amid thin volume as most European markets remained closed.

The EUR/USD managed to move a tad higher and printed a peak of 1.3700 during the European hours but lacked momentum to extend gains and settled in a slim range, with the 1.3675 area containing the downside. At time of writing, the EUR/USD is trading at the 1.3690 area, recording a 0.1% gain on Thursday.

Meanwhile, US data had little impact on the pair. The US Labor Department reported Thursday, the number of Americans filing new claims for unemployment benefits fell last week by 42,000 to a seasonally adjusted 338,000, printing the largest drop in weekly claims since November 2012.

EUR/USD levels to watch

In terms of technical levels, if the EUR/USD breaks above 1.3700 (psychological level) next resistances could be found at 1.3710/15 (10-day SMA/Dec 23 high) and 1.3730 (Dec 10 low). On the flip side, supports are seen at 1.3675 (daily low), 1.3655 (Dec 24 low) and 1.3625 (Dec 20 low).
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