The Euro appreciated against the dollar after a bad jobs report in the U.S and the pair reached fresh high level since May at 1.3333 but closed below the 1.3 zone. The German Industrial Production came out -0.6% worse than expected 0.9%. Holding above the support level of 1.3130 keeps the momentum positive for the pair. Overall, EUR/USD traded with a low of 1.3156 and with a high of 1.3333. Today, the German Trade Balance is expected at 12.4B vs. 10.6B previously.

EUR/USD - Last: 1.3280

Resistance

1.3300

1.3030

 

Support

1.3270

1.3240

1.3200

width=480