Forex: EUR/USD breaks below 1.30

FXstreet.com (Barcelona) - With better than previous HSBC PMI services China at 54.3 for Sept vs. 52 for Aug, market is little reacting to the news, given Tokio is closed for holiday, and the US will also be closed for a three day weekend on Columbus day. EURUSD has been on the downside since started for the week this Monday in Asia-Pacific, now barely above the 1.30 round, off fresh recent session lows at 1.2995.

Local open share markets trade in the light red with no exception, with gold selling off at the moment at session lows down by -0.5% since previous weekly close Friday, and about flat since past Monday following a fresh 11-month high Friday at $1796, last at $1771 off session lows at $1766. USD index is near session highs last at 79.46, higher from open price at 79.39. EURUSD is down so far -0.39% for the session being.

Immediate support to the downside for EURUSD comes at Friday's lows 1.2993, followed by Oct 02 highs at 1.2968, and Oct 01/03 highs at 1.2938. For the upside, nearest term resistance shows at Friday's NY session lows at 1.3011, followed by Thursday's highs 1.3032, and unfilled today's opening gap at 1.3042.