30 Mar 2015
EUR/USD keeps the range on data
FXStreet (Edinburgh) - The common currency remains within the intraday range after the German releases on Monday, with EUR/USD hovering over 1.0845/50.
EUR/USD attention to Greece
The pair is showing no major reaction after flash consumer prices in the German economy rose at an annual pace of 0.5% during March and 0.3% inter-month. The broader HICP measure showed prices expanding 0.1% over the last twelve months and 0.5% on a monthly basis, confirming the economy seems to have avoided a deflationary trend.
In the meantime, there is now news from the Greek front, where EU officials expect to revise a reforms package submitted by the Greek government.
EUR/USD key levels
At the moment the pair is retreating 0.36% at 1.0844 with the immediate support at 1.0801 (low Mar.27) ahead of 1.0767 (low Mar.23) and then 1.0760 (50% of 1.0457-1.1062). On the flip side, a breakout of 1.0934 (Kijun Sen) would open the door to 1.0949 (high Mar.27) and finally 1.1052 (high Mar.26).
EUR/USD attention to Greece
The pair is showing no major reaction after flash consumer prices in the German economy rose at an annual pace of 0.5% during March and 0.3% inter-month. The broader HICP measure showed prices expanding 0.1% over the last twelve months and 0.5% on a monthly basis, confirming the economy seems to have avoided a deflationary trend.
In the meantime, there is now news from the Greek front, where EU officials expect to revise a reforms package submitted by the Greek government.
EUR/USD key levels
At the moment the pair is retreating 0.36% at 1.0844 with the immediate support at 1.0801 (low Mar.27) ahead of 1.0767 (low Mar.23) and then 1.0760 (50% of 1.0457-1.1062). On the flip side, a breakout of 1.0934 (Kijun Sen) would open the door to 1.0949 (high Mar.27) and finally 1.1052 (high Mar.26).