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Forex pairs in this Article » EUR/USD
FXstreet.com (Barcelona) - Mute reaction of the shared currency after the EMU trade surplus narrowed to ¬11.7 billion during December from November's ¬13 billion. The print missed expectations as well, at ¬13.1 billion. The cross thus remains in today's comfort zone so far around 1.3335/40

Next on the US calendar would be the industrial production (+0.2% exp.) and the flash Reuters/Michigan Consumer Sentiment Index for February (74.8 exp.)

As of writing, the cross is losing 0.19% at 1.3336 with the immediate support at 1.3316 (low Feb.14) ahead of 1.3286 (low Jan.24) and then 1.3266 (MA55d).
On the upside, a breakout of 1.3415 (hourly high/lows Feb.14) would expose 1.3440 (MA21d) and finally 1.3456 (high Feb.14).
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