Forex: EUR/USD eyes 1.3300 after Asian close
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EUR/USD
FXstreet.com (Barcelona) - The bloc currency is extending the consolidation pattern centered in the key resistance at 1.3300 sparked on Tuesday, as markets are still waiting for a catalyst to break the late lull.
Very light docket in the euro area, with the ECB Monthly Report next on tap, followed by Spanish and French bond auctions and EMU's Construction Output.
As of writing, the pair is up 0.04% at 1.3293
Next resistance levels align at 1.3325 ahead of 1.3370 (Upper Bollinger) and then 1.3404 (high Jan.14).
On the flip side, a breakdown of 1.3249 (low Jan.11) would bring 1.3204 (MA10d) and finally 1.3200 (MA21d).
Very light docket in the euro area, with the ECB Monthly Report next on tap, followed by Spanish and French bond auctions and EMU's Construction Output.
As of writing, the pair is up 0.04% at 1.3293
Next resistance levels align at 1.3325 ahead of 1.3370 (Upper Bollinger) and then 1.3404 (high Jan.14).
On the flip side, a breakdown of 1.3249 (low Jan.11) would bring 1.3204 (MA10d) and finally 1.3200 (MA21d).
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