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10 Apr 2015
EUR/USD eases to session lows
FXStreet (Edinburgh) - The single currency is now losing the grip vs. the greenback, with EUR/USD returning to the 1.0650/45 band.
EUR/USD back to negative figures
The pair is now trading with losses, extending its correction lower from recent peaks near 1.1040 posted on Monday and falling since then. In the meantime, the US dollar keeps gaining momentum, recently boosted by the FOMC minutes.
The Spanish and French industrial sectors have improved their numbers during February, although the pair paid little attention to them. Ahead in the session, US export and import prices area due followed by the speech by Fed’s Lacker.
EUR/USD levels to watch
The pair is now losing 0.31% at 1.0625 with the next support at 1.0613 (low Mar.19) ahead of 1.0600 (76.4% of 1.0457-1.1062) and then 1.0580 (low Mar.18). On the flip side, a breakout of 1.0788 (high Apr.9) would aim for 1.0803 (10-d MA) and finally 1.0888 (high Apr.8).
EUR/USD back to negative figures
The pair is now trading with losses, extending its correction lower from recent peaks near 1.1040 posted on Monday and falling since then. In the meantime, the US dollar keeps gaining momentum, recently boosted by the FOMC minutes.
The Spanish and French industrial sectors have improved their numbers during February, although the pair paid little attention to them. Ahead in the session, US export and import prices area due followed by the speech by Fed’s Lacker.
EUR/USD levels to watch
The pair is now losing 0.31% at 1.0625 with the next support at 1.0613 (low Mar.19) ahead of 1.0600 (76.4% of 1.0457-1.1062) and then 1.0580 (low Mar.18). On the flip side, a breakout of 1.0788 (high Apr.9) would aim for 1.0803 (10-d MA) and finally 1.0888 (high Apr.8).