Forex: EUR/USD keeps 1.3000 after German data
Forex pairs in this Article »
EUR/USD
FXstreet.com (Barcelona) - The bloc currency is pushing higher after the German CPI rose 1.9% over the last twelve months during November, matching expectations and down from October's +2.0%. On a monthly basis, the headline fell 0.2%, more than forecasts.
Next on tap will be a measure of the French inflation, expected to raise 1.8% YoY and 0.0% MoM, vs. +2.1% and +0.2% respectively.
EURUSD is now posting marginal gains at 1.3007 or +0.01%
Next resistance levels lie at 1.3087 (high Dec.6) ahead of 1.3100 (psychological level) and finally 1.3127 (high Dec.5).
On the flip side, a break below 1.3002 (MA200h) would aim to 1.2965 (prior hourly highs) and then 1.2930 (low Dec.11).
Next on tap will be a measure of the French inflation, expected to raise 1.8% YoY and 0.0% MoM, vs. +2.1% and +0.2% respectively.
EURUSD is now posting marginal gains at 1.3007 or +0.01%
Next resistance levels lie at 1.3087 (high Dec.6) ahead of 1.3100 (psychological level) and finally 1.3127 (high Dec.5).
On the flip side, a break below 1.3002 (MA200h) would aim to 1.2965 (prior hourly highs) and then 1.2930 (low Dec.11).
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