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13 Sep 2013
EUR/USD back above 1.3300
FXstreet.com (Edinburgh) -The EUR/USD has recovered the 1.3300 handle on Friday after US retail sales have disappointed investors during August.
EUR/USD boosted by US data
The pair is now attempting to climb to the boundaries of 1.3320 after US retail sales expanded 0.2% on a monthly basis and 0.1% excluding the automobile sector against consensus at 0.4% and 0.3% respectively. Next on tap will the advanced Consumer Sentiment index sponsored by Reuters/Michigan, expected a tad lower at 82.0 for the month of September.
EUR/USD technical levels
The pair is now advancing 0.05% at 1.3306 with the initial resistance at at 1.3325 (high Sep.11) followed by 1.3343 (high Aug.29) and then 1.3399 (high Aug.28). On the flup side, a breakdown of 1.3243 (low Sep.11) would target 1.3230 (low Sep.10) en route to 1.3228 (MA10d).
EUR/USD boosted by US data
The pair is now attempting to climb to the boundaries of 1.3320 after US retail sales expanded 0.2% on a monthly basis and 0.1% excluding the automobile sector against consensus at 0.4% and 0.3% respectively. Next on tap will the advanced Consumer Sentiment index sponsored by Reuters/Michigan, expected a tad lower at 82.0 for the month of September.
EUR/USD technical levels
The pair is now advancing 0.05% at 1.3306 with the initial resistance at at 1.3325 (high Sep.11) followed by 1.3343 (high Aug.29) and then 1.3399 (high Aug.28). On the flup side, a breakdown of 1.3243 (low Sep.11) would target 1.3230 (low Sep.10) en route to 1.3228 (MA10d).