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21 Mar 2013
Forex: EUR/USD little changed after US jobs data
FXstreet.com (Barcelona) - The bloc currency kept the red figures after US Initial Claims bettered expectations, coming in at 336K vs. 342K expected, although they rose a tad from 334K in the previous week (revised).
Next on tap will be the flash US Markit Manufacturing PMI for the month of March, expected to improve to 55.0 from 54.3, the Existing Home Sales and the Philly Fed Manufacturing index.
The cross is now losing 0.15% at 1.2924 with the immediate support at 1.2878 (MA200d0 ahead of 1.2865 (Lower Bollinger) and finally 1.2844 (low Mar.19).
On the flip side, a surpass of 1.2979 (high Mar.20) would clear the way to 1.3032 (MA21d) and then 1.3128 (MA100d).
Next on tap will be the flash US Markit Manufacturing PMI for the month of March, expected to improve to 55.0 from 54.3, the Existing Home Sales and the Philly Fed Manufacturing index.
The cross is now losing 0.15% at 1.2924 with the immediate support at 1.2878 (MA200d0 ahead of 1.2865 (Lower Bollinger) and finally 1.2844 (low Mar.19).
On the flip side, a surpass of 1.2979 (high Mar.20) would clear the way to 1.3032 (MA21d) and then 1.3128 (MA100d).