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10 Sep 2013
EUR/USD holding onto bullish territory
FXstreet.com (London) - EUR/USD had regained its positioning back in the 1.3260 area, continuing on from Friday’s move to 1.3180 after the disappointing US jobs data.
EUR/USD opened on the offer but has maintained the September highs. The pair may continue to find some resistance here meeting the May top on a quiet calendar. Tomorrow, Wednesday, we will see CPI data for Germany. Then we have some jobless claims data for the US and Friday will bring Michigan consumer Sentiment.
EUR/USD levels
The 20 DMA is 1.3285, the 50 DMA is 1.3107 and the 200 DAM is 1.3149. RSI (14) reads 59. Supports are ascending from 1.3126, 1.3157, 1.3187 1Spot is 1.3260 and resistances are 1.3281, 1.3305 and 1.3319 and 1.3410.
EUR/USD opened on the offer but has maintained the September highs. The pair may continue to find some resistance here meeting the May top on a quiet calendar. Tomorrow, Wednesday, we will see CPI data for Germany. Then we have some jobless claims data for the US and Friday will bring Michigan consumer Sentiment.
EUR/USD levels
The 20 DMA is 1.3285, the 50 DMA is 1.3107 and the 200 DAM is 1.3149. RSI (14) reads 59. Supports are ascending from 1.3126, 1.3157, 1.3187 1Spot is 1.3260 and resistances are 1.3281, 1.3305 and 1.3319 and 1.3410.