Forex: EUR/USD flat around 1.3050/55
Forex pairs in this Article »
EUR/USD
FXstreet.com (Barcelona) - The single currency is trading almost unchanged from Wednesday, orbiting around the mid 1.3000s ahead of the ECB gathering, due in the European afternoon.
Positive Chinese data out of the trade balance figures have curiously not echoed in the euro, despite the boost in the high beta currencies.
At the moment, the pair is losing 0.06% at 1.3056
Next support levels are located at 1.3030 (Lower Bollinger) en route to 1.3018 (low Jan.7) and then 1.2998 (low Jan.4).
On the flip side, advances beyond 1.3096 (high Jan.9) would aim to 1.3140 (high Jan.8) and finally 1.3141 (MA10d).
Positive Chinese data out of the trade balance figures have curiously not echoed in the euro, despite the boost in the high beta currencies.
At the moment, the pair is losing 0.06% at 1.3056
Next support levels are located at 1.3030 (Lower Bollinger) en route to 1.3018 (low Jan.7) and then 1.2998 (low Jan.4).
On the flip side, advances beyond 1.3096 (high Jan.9) would aim to 1.3140 (high Jan.8) and finally 1.3141 (MA10d).
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