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22 Apr 2013
Forex: EUR/USD muted after US data
FXstreet.com (Barcelona) - The shared currency remained apathetic after the Chicago Fed National Activity index dipped to -0.23 during the month of March, down from 0.76 registered in February.
Next on tap in the US docket will be the Existing Home Sales. Market consensus expects sales to rise to 5.01 million from 4.98 million.
As of writing, the cross is down 0.31% at 1.3035 with the next support at 1.3001 (low Apr.17) followed by 1.2969 (MA21d) and finally 1.2963 (low Apr.8).
On the flip side, a break above 1.3130 (high Apr.19) would open the door to 1.3202 (high Apr.16) and then 1.3229 (50% Feb-Apr slide).
Next on tap in the US docket will be the Existing Home Sales. Market consensus expects sales to rise to 5.01 million from 4.98 million.
As of writing, the cross is down 0.31% at 1.3035 with the next support at 1.3001 (low Apr.17) followed by 1.2969 (MA21d) and finally 1.2963 (low Apr.8).
On the flip side, a break above 1.3130 (high Apr.19) would open the door to 1.3202 (high Apr.16) and then 1.3229 (50% Feb-Apr slide).