EUR/USD – Limited Movement Ahead of US Employment Data – MP

FXStreet (Barcelona) - Kenny Fisher, Currency Analyst at MarketPulse sees lack of activity continuing today as the pair trades in the mid-1.24 range in the European session.

Key Quotes

“EUR/USD edged upwards in the Asian session. The pair is steady in European trade.”

“On the downside, 1.2407 remains a weak support line. 1.2286 is next. This line has remained intact since August 2012.”

“1.2518 is an immediate resistance line.”