14 Nov 2014
EUR/USD – Steady as German, French GDPs Improve - MP
FXStreet (Barcelona) - Kenny Fisher, Currency Analyst at MarketPulse notes the lack of activity continuing on Friday for the EUR/USD pair as it trades in the mid-1.24 range in the European session.
Key Quotes
"EUR/USD lost during the Asian session but recovered late in the session. The pair is showing little movement in European trade."
"On the downside, 1.2407 remains a weak support line. 1.2286 is next. This strong line has remained intact since August 2012."
"1.2518 is an immediate resistance line"
Key Quotes
"EUR/USD lost during the Asian session but recovered late in the session. The pair is showing little movement in European trade."
"On the downside, 1.2407 remains a weak support line. 1.2286 is next. This strong line has remained intact since August 2012."
"1.2518 is an immediate resistance line"