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25 Jun 2013
EUR/USD pierced 1.3100 on better US data
Fxstreet.com (Edinburgh) - The EUR/USD is printing fresh lows and challenging the key support at 1.3100 at the same time, after US Durable Goods Orders came in above forecasts during May.
EUR/USD around 1.3100
Orders for US long-lasting goods posted a monthly advance of 3.6% during May, above expectations at 3.0%. Excluding the Transportation sector, orders expanded 0.7% vs. the median at 0.0% and April’s 1.5% advance (revised).
EUR/USD critical levels
At the moment the pair is losing 0.18% at 1.3095 with the next support at 1.3059 (low Jun.24) and then 1.3053 (low Jun.5). On the flip side, a surpass of 1.3151 (high Jun.250 would open the door to 1.3161 (low Jun.20) and finally 1.3177 (low Jun.10).
EUR/USD around 1.3100
Orders for US long-lasting goods posted a monthly advance of 3.6% during May, above expectations at 3.0%. Excluding the Transportation sector, orders expanded 0.7% vs. the median at 0.0% and April’s 1.5% advance (revised).
EUR/USD critical levels
At the moment the pair is losing 0.18% at 1.3095 with the next support at 1.3059 (low Jun.24) and then 1.3053 (low Jun.5). On the flip side, a surpass of 1.3151 (high Jun.250 would open the door to 1.3161 (low Jun.20) and finally 1.3177 (low Jun.10).