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2 Sep 2015
EUR/USD around 1.1240 on US data
FXStreet (Edinburgh) - After bouncing off session troughs near 1.1220, EUR/USD has managed to advance towards the 1.1240/45 area so far.
EUR/USD indifferent to US releases
The pair paid little to none attention to US Factory Orders, expanding at a monthly pace of 0.4% vs. expectations for a 0.9% advance. Orders excluding the Transportation sector have contracted 0.6% inter-month, down from the previous 0.6% gain.
Today’s US docket passed largely unnoticed amongst traders, who remain more concentrated in tomorrow’s ECB meeting and Friday’s Payrolls (220K exp.).
EUR/USD key levels
At the moment the pair is losing 0.69% at 1.1235 with the immediate support at 1.1226 (low Sep.2) followed by 1.1207 (low Sep.1) and then 1.1170 (low Aug.31). On the other hand, a break above 1.1320 (high Sep.2) would open the door to 1.1333 (high Sep.1) and finally 1.1364 (high Aug.27).
EUR/USD indifferent to US releases
The pair paid little to none attention to US Factory Orders, expanding at a monthly pace of 0.4% vs. expectations for a 0.9% advance. Orders excluding the Transportation sector have contracted 0.6% inter-month, down from the previous 0.6% gain.
Today’s US docket passed largely unnoticed amongst traders, who remain more concentrated in tomorrow’s ECB meeting and Friday’s Payrolls (220K exp.).
EUR/USD key levels
At the moment the pair is losing 0.69% at 1.1235 with the immediate support at 1.1226 (low Sep.2) followed by 1.1207 (low Sep.1) and then 1.1170 (low Aug.31). On the other hand, a break above 1.1320 (high Sep.2) would open the door to 1.1333 (high Sep.1) and finally 1.1364 (high Aug.27).