Forex: EUR/USD around 1.3330 ahead of US data
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EUR/USD
FXstreet.com (Barcelona) - The bloc currency remains in the positive territory on Thursday, ahead of the manufacturing PMI in the American economy, where consensus expects the index to come in a tad lower to 53 in January, vs. 54 in the previous month. The weekly report on the US labor market is also due, with prior surveys expecting the jobless claims to climb to 355K from 335K in the previous week.
As of writing, the cross remains in a consolidation pattern, advancing 0.06% en 1.3327
Next resistance levels line up at 1.3355 (high Jan.23) ahead of 1.3372 (high Jan.22) and then 1.3398 (high Jan.18).
On the downside, a dip below 1.3265 (low Jan.23) would aim for 1.3248 (low Jan.11) and then 1.3235 (MA21d).
As of writing, the cross remains in a consolidation pattern, advancing 0.06% en 1.3327
Next resistance levels line up at 1.3355 (high Jan.23) ahead of 1.3372 (high Jan.22) and then 1.3398 (high Jan.18).
On the downside, a dip below 1.3265 (low Jan.23) would aim for 1.3248 (low Jan.11) and then 1.3235 (MA21d).
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