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13 Jun 2013
EUR/USD pares gains to trade at 1.3342
FXstreet.com (New York) - The EUR/USD foreign exchange topped out earlier at the 1.3391 level (overnight high), only to rescind its gains during European trading.
In Greece, the Unemployment Rate (QoQ) rose to 27.4% in Q1, compared to a figure of only 26.0% in the previous quarter.
EUR/USD returns to opening levels
In these moments, the pair is trading at 1.3342, or a marginal +0.04% above it’s opening. Outlining the technicals, Mataf.net analysts identify the next short-term resistances at 1.3395, then 1.3430, and 1.3495. Meanwhile, support lies below at 1.3295, ahead of 1.3230, and 1.3195.
EUR/USD maintains positive course above 1.3225
According to the Technical Analyst Team at ICN.com, “The EUR/USD managed to stabilize above 61.8% correction at 1.3340, which might extend bullishness toward 1.3505. Trading above 1.3225 levels keeps the general positivity valid, however stability above 1.3340 today sustains the intraday bullish outlook.”
In Greece, the Unemployment Rate (QoQ) rose to 27.4% in Q1, compared to a figure of only 26.0% in the previous quarter.
EUR/USD returns to opening levels
In these moments, the pair is trading at 1.3342, or a marginal +0.04% above it’s opening. Outlining the technicals, Mataf.net analysts identify the next short-term resistances at 1.3395, then 1.3430, and 1.3495. Meanwhile, support lies below at 1.3295, ahead of 1.3230, and 1.3195.
EUR/USD maintains positive course above 1.3225
According to the Technical Analyst Team at ICN.com, “The EUR/USD managed to stabilize above 61.8% correction at 1.3340, which might extend bullishness toward 1.3505. Trading above 1.3225 levels keeps the general positivity valid, however stability above 1.3340 today sustains the intraday bullish outlook.”