EUR/USD tests 1.3470 post EU consumer confidence

By FXstreet.com | Updated July 30, 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.



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    EUR/USD finds support at 1.0840

  2. Forex News

    EUR/USD drops to fresh lows below 1.0850

  3. Forex News

    Greece turmoil continues – FXMarketAlerts

  4. Forex News

    EUR/USD advances beyond 1.0880

  5. Forex News

    Euro Shrugs Off Greece Deadlock Despite Seemingly Growing Risks

Trading Center