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12 Sep 2013
EUR/USD in bullish territory
FXstreet.com (London) - EUR/USD is holding the 1.3300 handle.
EUR/USD has held the handle continuing on the front foot from Friday’s move after the disappointing US jobs data. EUR/USD has maintained the September highs while we await more US data at the end of the week, but in the mean time, markets will be keen on the ECB report and Draghi tomorrow. Then we have Jobless Claims data for the US and Friday will bring the Michigan Consumer Sentiment and Retail Sales.
EUR/USD levels
The 20 DMA is 1.3286, the 50 DMA is 1.3116 and the 200 DAM is 1.3150. Supports are ascending from 1.3157, 1.3187, 1.3230 and 1.3251 behind 1.3300 the figure. Spot is 1.3310 and next resistances come in at 1.3319 while key comes in at 1.3410.
EUR/USD has held the handle continuing on the front foot from Friday’s move after the disappointing US jobs data. EUR/USD has maintained the September highs while we await more US data at the end of the week, but in the mean time, markets will be keen on the ECB report and Draghi tomorrow. Then we have Jobless Claims data for the US and Friday will bring the Michigan Consumer Sentiment and Retail Sales.
EUR/USD levels
The 20 DMA is 1.3286, the 50 DMA is 1.3116 and the 200 DAM is 1.3150. Supports are ascending from 1.3157, 1.3187, 1.3230 and 1.3251 behind 1.3300 the figure. Spot is 1.3310 and next resistances come in at 1.3319 while key comes in at 1.3410.