Forex: EUR/USD in session highs around 1.3065/70
Forex pairs in this Article »
EUR/USD
FXstreet.com (Barcelona) - The bloc currency is now posting fresh session highs on Tuesday, against a backdrop of renewed concerns about the 'fiscal cliff' and the negative effects of the poor ISM results released on Monday.
Next on tap will be the Spanish unemployment change, preceding the EMU's Producer Price Index.
At the moment, the cross is up 0.09% at 1.3065 facing the next resistance at 1.3075 (high Oct.23) then 1.3084 (high Oct.22) and finally 1.3129 (high Oct.18).
On the downside, support levels lie at 1.3020 (hourly low Dec.3) followed by 1.2969 (low Nov.30) and 1.2939 (low Nov.29).
Next on tap will be the Spanish unemployment change, preceding the EMU's Producer Price Index.
At the moment, the cross is up 0.09% at 1.3065 facing the next resistance at 1.3075 (high Oct.23) then 1.3084 (high Oct.22) and finally 1.3129 (high Oct.18).
On the downside, support levels lie at 1.3020 (hourly low Dec.3) followed by 1.2969 (low Nov.30) and 1.2939 (low Nov.29).
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