3 Sep 2013
EUR/USD drifts towards 1.3190 resistance
FXstreet.com (London) - EUR/USD has drifted higher on the bid in NA and is oscillating around 1.3175.
Eye’s are on EZ GDP tomorrow and US job numbers at the end of the week. “The test for the pair will be the US payrolls that will be make or break for September tapering”, according to Cristian Maggio, Senior Emerging Markets Strategist, Rates and FX Research at TD Securities…”with100k being the key threshold.”
EUR/USD eyes 1.3190 resistance
The 20 DMA is 1.3317, the 50 DMA 1.3192, and the 200 DMA is 1.3145. RSI (14) 43.65. Supports are ascending from 1.3051, 1.3127 and spot is currently 1.3175 while resistances are 1.3190, 1.3237, 1.3255, 1.3280 and 1.3305.
Eye’s are on EZ GDP tomorrow and US job numbers at the end of the week. “The test for the pair will be the US payrolls that will be make or break for September tapering”, according to Cristian Maggio, Senior Emerging Markets Strategist, Rates and FX Research at TD Securities…”with100k being the key threshold.”
EUR/USD eyes 1.3190 resistance
The 20 DMA is 1.3317, the 50 DMA 1.3192, and the 200 DMA is 1.3145. RSI (14) 43.65. Supports are ascending from 1.3051, 1.3127 and spot is currently 1.3175 while resistances are 1.3190, 1.3237, 1.3255, 1.3280 and 1.3305.