Forex: EUR/USD in session highs around 1.3025
Forex pairs in this Article »
EUR/USD
FXstreet.com (Barcelona) - The bloc currency is posting fresh tops in the proximities of 1.3025 on Wednesday, despite the industrial production in the euro zone has contracted further during October, falling 3.6% on a yearly basis and 1.4% MoM, vs. estimates at -2.3% and +0.2% respectively.
Next on tap will be a measure of the Import Prices in the US during November, ahead of the FOMC statement.
EURUSD is now advancing 0.12% at 1.3023 and a break above 1.3087 (high Dec.6) would aim to 1.3127 (high Dec.5) and finally 1.3129 (high Oct.18).
On the flip side, support levels are located at 1.2997 (hourly low Dec.12) followed by 1.2930 (low Dec.11) and then 1.2928 (MA21d).
Next on tap will be a measure of the Import Prices in the US during November, ahead of the FOMC statement.
EURUSD is now advancing 0.12% at 1.3023 and a break above 1.3087 (high Dec.6) would aim to 1.3127 (high Dec.5) and finally 1.3129 (high Oct.18).
On the flip side, support levels are located at 1.2997 (hourly low Dec.12) followed by 1.2930 (low Dec.11) and then 1.2928 (MA21d).
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