4 Sep 2013
EUR/USD clings to 1.3170
FXstreet.com (Córdoba) - The EUR/USD continues to consolidate in a tight range Wednesday with the latest string of Eurozone and US data going virtually unnoticed as investors await central bank decisions, Fed’s Beige Book and of course the nonfarm payrolls report Friday.
EUR/USD consolidates below 1.3200
EUR/USD has spent most of the day oscillating around 1.3170, capped by 1.3185 on the upside, and contained by 1.3145 on the downside. Later today, the Fed's Beige Book will attract attention but ahead of Friday's NFP report, tapering expectations are unlikely to change.
EUR/USD technical levels
At time of writing, EUR/USD is trading at the 1.3170 zone, little changed on the day, with immediate resistances at 1.3185 (daily high) and 1.3200 (psychological level), while supports are seen at 1.3145 (daily low) and 1.3138 (Sep 4 low) ahead of 1.3100 (psychological level).
EUR/USD consolidates below 1.3200
EUR/USD has spent most of the day oscillating around 1.3170, capped by 1.3185 on the upside, and contained by 1.3145 on the downside. Later today, the Fed's Beige Book will attract attention but ahead of Friday's NFP report, tapering expectations are unlikely to change.
EUR/USD technical levels
At time of writing, EUR/USD is trading at the 1.3170 zone, little changed on the day, with immediate resistances at 1.3185 (daily high) and 1.3200 (psychological level), while supports are seen at 1.3145 (daily low) and 1.3138 (Sep 4 low) ahead of 1.3100 (psychological level).