The Euro managed to make small gain versus the dollar despite the strong volatility that was in intraday moves. The German Factory Orders came out 3.2% better than expected 1.5%. The Interest Rate came out unchanged as expected at 1%. The momentum might turn to negative if the pair will break below the support level of 1.3130. Overall, EUR/USD traded with a low of 1.3118 and with a high of 1.3235. Today, the German Industrial Production is expected at 0.9% vs. 2.6% previously

EUR/USD - Last: 1.3185

Resistance

1.3240

Support

1.3130

1.3090

1.3030

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