The Euro weakened against the Dollar while trading in a tight range. The Retail Sales came out 0.3% better than expected -0.1%. Breaking the support level of 1.2470 turns the momentum to negative for the pair. Overall, EUR/USD traded with a low of 1.2508 and with a high of 1.2563. No economic data is expected today.

EUR/USD - Last: 1.25

Resistance

1.2550

1.26

 

Support

1.2480

1.24

1.2350

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