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30 Mar 2015
EUR/USD sidelined near 1.0820
FXStreet (Edinburgh) - EUR/USD is now looking to stabilize around the 1.0820 area following the daily drop from 1.0860.
EUR/USD vigilant on Greek developments
Greece remains in the centre of the debate today as PM A.Tsipras is currently addressing the Greek Parliament, although there are no big announcements so far regarding the debt talks in Brussels.
Moving forward to Tuesday’s docket in Euroland, the preliminary CPI for the month of March will grab all the attention ahead of the unemployment figures during February. Prior surveys expect consumer prices to have contracted 0.1% on a yearly basis and the jobless rate to stay put at 11.2%.
EUR/USD key levels
At the moment the pair is retreating 0.54% at 1.0824 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 vigilant on Greek developments
Greece remains in the centre of the debate today as PM A.Tsipras is currently addressing the Greek Parliament, although there are no big announcements so far regarding the debt talks in Brussels.
Moving forward to Tuesday’s docket in Euroland, the preliminary CPI for the month of March will grab all the attention ahead of the unemployment figures during February. Prior surveys expect consumer prices to have contracted 0.1% on a yearly basis and the jobless rate to stay put at 11.2%.
EUR/USD key levels
At the moment the pair is retreating 0.54% at 1.0824 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).