Filed Under:
Forex pairs in this Article » EUR/USD (Barcelona) - The euro is posting fresh highs above 1.3480 on Wednesday, ahead of the Industrial Production figures in the euro zone, expected to improve in December to 0.2% on a monthly basis and -2.4% YoY, against November's -0.3% and -3.7%, respectively.

As of writing, the cross is up 0.21% at 1.3483
Next resistance levels lie at 1.3492 (MA10d) en route to the psychological level at 1.3500 and then 1.3577 (high Feb.7).
On the flip side, a breakdown of 1.3364 (low Feb.12) would bring 1.3325 (low Feb.11) and finally 1.3300 (psychological level).
comments powered by Disqus