23 Jul 2013
EUR/USD flat around 1.3190
FXstreet.com (Edinburgh) -The shared currency is now retreating from 1.3200 the figure on Tuesday, dragging the EUR/USD from session highs around 1.3210 to the current area of 1.3185/80.
EUR/USD range bound
The pair continues to meander between 1.3180 and 1.3200 and remains posed to extend the consolidation pattern, as the docket in both Europe and the US economy will present second-tier data. Spain will try to sell Letras expiring in 3 and 9 months, against the backdrop of increasing borrowing costs as of late.
EUR/USD key levels
At the moment the pair is advancing 0.01% at 1.3187 and a surpass of 1.3255 (high Jun.21) would target 1.3261 (76.4% of 1.3417-1.2755) en route to 1.3302 (high Jun.20). On the downside, the initial support lies at 1.3115 (low Jul.22) followed by 1.3093 (cloud base) and finally 1.3089 (low Jul.19).
EUR/USD range bound
The pair continues to meander between 1.3180 and 1.3200 and remains posed to extend the consolidation pattern, as the docket in both Europe and the US economy will present second-tier data. Spain will try to sell Letras expiring in 3 and 9 months, against the backdrop of increasing borrowing costs as of late.
EUR/USD key levels
At the moment the pair is advancing 0.01% at 1.3187 and a surpass of 1.3255 (high Jun.21) would target 1.3261 (76.4% of 1.3417-1.2755) en route to 1.3302 (high Jun.20). On the downside, the initial support lies at 1.3115 (low Jul.22) followed by 1.3093 (cloud base) and finally 1.3089 (low Jul.19).