Forex: EUR/USD keeps the mood around 1.3030/40
Forex pairs in this Article »
EUR/USD
FXstreet.com (Barcelona) - The shared currency remains buoyant on Monday, after the Spanish manufacturing PMI rose to 45.3 during November, bettering both forecasts and prior results, although still below the 50 threshold for the 19th consecutive month.
In another direction, Greece has announced that it will buy ¬10 billion at a price of 30-40% of principal debt amount.
EURUSD is now up 0.39% at 1.3034
Next resistance levels line up at 1.3075 (high Oct.23) ahead of 1.3084 (high Oct.22) and then 1.3129 (high Oct.18).
On the flip side, a breach of 1.2968 (low Nov.30) would bring 1.2939 (low Nov.29) and 1.2917 (MA10d).
In another direction, Greece has announced that it will buy ¬10 billion at a price of 30-40% of principal debt amount.
EURUSD is now up 0.39% at 1.3034
Next resistance levels line up at 1.3075 (high Oct.23) ahead of 1.3084 (high Oct.22) and then 1.3129 (high Oct.18).
On the flip side, a breach of 1.2968 (low Nov.30) would bring 1.2939 (low Nov.29) and 1.2917 (MA10d).
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