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
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.