EUR/USD surrenders below 1.3000

FXstreet.com (Barcelona) - Following recent USD and Yen strength across the board in the Asia-Pacific, the EUR/USD foreign exchange rate is last trading at fresh session lows 1.2993, off recent session highs at 1.3024.

EUR/USD expected to be quiet ahead of ECB

“There is now not an awful lot to go on until the ECB meeting later today, after which it will become very quiet in the absence of NY. With no change expected from the ECB I would imagine that we should not expect too much action today,” said FX Charts analyst Jim Langlands.

EUR/USD key bid/ask levels

Editor at ForexLive Eamonn Sheridan has identified EUR/USD demand areas recently at 1.2960/70, followed by 1.2940/50, and then 1.2925/30, Sheridan said. To the upside, offers are seen at 1.3025/35 and ahead of 1.3050.

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