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8 Jan 2014
EUR/USD declines to 1-month low at 1.3565 after ADP
FXstreet.com (San Francisco) - The Dollar is currently trading higher across the board following the upbeat ADP employment report in December.
Inside this framework, the EUR/USD declined 35 pips in the latest few minutes from 1.3600 to break down 1.3580 and to reach fresh lowest level since December 5 at 1.3565.
Currently, the EUR/USD is pricing at 1.3580, 0.25% negative on the day. The short term perspective is slightly bearish according to the FXstreet.com trend index in the 15-minute chart. CCI and Momentum are pointing to the south while the Stochastic and MACD are neutral.
EUR/USD levels
The EUR/USD would face immediate supports at 1.3570 ahead of 1.355 and 1.3525. On the upside, resistances are at 1.3600, 1.3635 and 1.3.650.
Inside this framework, the EUR/USD declined 35 pips in the latest few minutes from 1.3600 to break down 1.3580 and to reach fresh lowest level since December 5 at 1.3565.
Currently, the EUR/USD is pricing at 1.3580, 0.25% negative on the day. The short term perspective is slightly bearish according to the FXstreet.com trend index in the 15-minute chart. CCI and Momentum are pointing to the south while the Stochastic and MACD are neutral.
EUR/USD levels
The EUR/USD would face immediate supports at 1.3570 ahead of 1.355 and 1.3525. On the upside, resistances are at 1.3600, 1.3635 and 1.3.650.