Forex: EUR/USD eases to 1.3570/75

By FXstreet.com | January 31, 2013 AAA

FXstreet.com (Barcelona) - The single currency is giving away some pips as we enter the last part of the NA session on Thursday, hovering over the area around 1.3570/75



Moving forward to Friday, the final prints for manufacturing PMIs will be released in the euro zone, following the flash inflation figures and jobless rate in the euro area composite. Across the pond, the biggest event of the FX markets, the US Non farm Payrolls, will be in the limelight (160K exp.) along with the US unemployment rate (7.8% exp.) and the ISM Manufacturing PMI (50.6 exp.).



The cross is now advancing 0.03% at 1.3573 with the next resistance at 1.3617 (2011 high Dec.2) followed by 1.3630 (Upper Bollinger) and 1.3641 (high Nov.15).
On the flip side, a breakdown of 1.3542 (low Jan.31) would bring 1.3483 (low Jan.30) and 1.3416 (MA10d).



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