15 Jun 2015
EUR/USD unmoved on US data
FXStreet (Edinburgh) - The shared currency remained unchanged vs. the greenback after the US releases, with EUR/USD around the 1.1220 area.
EUR/USD remain in red, focus on Draghi
The pair kept the composure after another disappointment from the US docket, where both Capacity Utilization and Industrial Production came in below expectations at 78.1% and contracting 0.2% during May, respectively. Next on tap in the US economy will be the Housing Market index tracked by the NAHB.
In addition, ECB’s Mario Draghi is testifying before the European Parliament’s Economic and Monetary Affairs committee.
EUR/USD key levels
As of writing the pair is losing 0.24% at 1.1239 with the next support at 1.1151 (low Jun.12) followed by 1.1087 (low Jun.8) and finally 1.1049 (low Jun.5). On the flip side, a break above 1.1247 (high Jun.15) would target 1.1297 (high Jun.12) en route to 1.1334 (high Jun.11).
EUR/USD remain in red, focus on Draghi
The pair kept the composure after another disappointment from the US docket, where both Capacity Utilization and Industrial Production came in below expectations at 78.1% and contracting 0.2% during May, respectively. Next on tap in the US economy will be the Housing Market index tracked by the NAHB.
In addition, ECB’s Mario Draghi is testifying before the European Parliament’s Economic and Monetary Affairs committee.
EUR/USD key levels
As of writing the pair is losing 0.24% at 1.1239 with the next support at 1.1151 (low Jun.12) followed by 1.1087 (low Jun.8) and finally 1.1049 (low Jun.5). On the flip side, a break above 1.1247 (high Jun.15) would target 1.1297 (high Jun.12) en route to 1.1334 (high Jun.11).