EUR/USD tests 1.3470 post EU consumer confidence

By FXstreet.com | July 23, 2014 AAA

FXStreet (San Francisco) - The Euro is trading slightly higher against the US Dollar following the worst than expected EU consumer confidence in July.



Currently, EUR/USD is trading at 1.3469, up 0.03% on the day, having posted a daily high at 1.3475 and low at 1.3455. EUR/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.



The EU consumer confidence declined to -8.4 pts in Juy from -7.5 pts in June. Worst than expected



EUR/USD levels



If the pair manages to break 1.3470, it would find resistances at 1.3490 and 1.3500. On the downside, supports are at 1.3460, 1.3450 and 1.3400.



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