Forex: EUR/USD challenges 1.3300
Forex pairs in this Article »
EUR/USD
FXstreet.com (Barcelona) - The single currency is grinding lower on Wednesday, orbiting around 1.3300 ahead of the Business Climate in France for the month of January, expected to improve a hair to 90 from 89
Euro sentiment remains reluctant to ease further ground, despite the risk appetite post-BoJ meeting is fading away.
At the moment, the cross is losing 0.15% at 1.3301 with the next support at 1.3267 (low Jan.22) followed 1.3248 (low Jan.11) and finally the psychological level at 1.3200
On the upside, a break above 1.3372 (high Jan.22) would open the door to 1.3398 (high Jan.18) and 1.3404 (high 2013, Jan.14).
Euro sentiment remains reluctant to ease further ground, despite the risk appetite post-BoJ meeting is fading away.
At the moment, the cross is losing 0.15% at 1.3301 with the next support at 1.3267 (low Jan.22) followed 1.3248 (low Jan.11) and finally the psychological level at 1.3200
On the upside, a break above 1.3372 (high Jan.22) would open the door to 1.3398 (high Jan.18) and 1.3404 (high 2013, Jan.14).
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