FXstreet.com (Barcelona) - The Euro has ticked down from levels around 1.4410, and returned to intra-week low area, trading around 1.4385, and approaching session low at 1.4375 after the release of Eurozone CPI and Trade Balance figures.
Eurozone trade balance has reached 4.8 billion surplus in November, compared with a 7.0 billion deficit in November last year, although below market expectations of a 7.0 billion surplus.
Furthermore, Consumer Prices Index has increased 0.3% in December from October, and 0.9% up year on year, figures, in line with forecasts.
Support levels lie at 1.4375 (session low), and below here, 1.4340, and 1.4280 (200-day MA). On the upside the Euro might find resistance at 1.4445/60 (Jan 12, 13 and 14 lows), and above here, 1.4530 and 1.4555 (Jan 11/14 high).