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4 Feb 2015
EUR/USD flat below 1.1500
FXStreet (Edinburgh) - EUR/USD is posting marginal losses vs. the greenback at the end of the Asian trading hours on Wednesday, currently flat-lining around 1.1470/75.
EUR/USD looks to PIs
After the strong performance on Tuesday, advancing more than 1% and breaking above the 1.1500 handle, the pair is now looking to stabilize ahead of the final prints of the Services PMIs in the euro region and key meetings between the recently elected Greek PM A.Tsipras and EC’s J.C.Juncker. In addition, markets will be following the other important meeting between the newly appointed Greek finmin and ECB’s M.Draghi.
EUR/USD key levels
At the moment the pair is losing 0.05% at 1.1476 facing the next support at 1.1400 (psychological level) ahead of 1.1312 (hourly low Feb.3) and then 1.1280 (low Feb.2). On the upside, the next hurdle lines up at 1.1535 (high Feb.3) ahead of 1.1551 (21-d MA) and then 1.1652 (high Jan.22).
EUR/USD looks to PIs
After the strong performance on Tuesday, advancing more than 1% and breaking above the 1.1500 handle, the pair is now looking to stabilize ahead of the final prints of the Services PMIs in the euro region and key meetings between the recently elected Greek PM A.Tsipras and EC’s J.C.Juncker. In addition, markets will be following the other important meeting between the newly appointed Greek finmin and ECB’s M.Draghi.
EUR/USD key levels
At the moment the pair is losing 0.05% at 1.1476 facing the next support at 1.1400 (psychological level) ahead of 1.1312 (hourly low Feb.3) and then 1.1280 (low Feb.2). On the upside, the next hurdle lines up at 1.1535 (high Feb.3) ahead of 1.1551 (21-d MA) and then 1.1652 (high Jan.22).