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13 Feb 2013
Forex: EUR/USD little changed after German prices
The bloc currency remained practically unchanged after Wholesale Prices in the first economy of the bloc rose 0.3% on a monthly basis during January, and 2.3% over the last twelve month, exceeding estimates at +0.2% and +2.2%, respectively.
At the moment, the cross is down 0.08% at 1.3442 with the immediate support at 1.3430 (MA21d) ahead of 1.3364 (low Feb.12) and then 1.3325 (low Feb.11).
On the flip side, a breakout of 1.3475 (high Feb.12) would bring 1.3501 (MA10d) and then 1.3577 (high Feb.7).
At the moment, the cross is down 0.08% at 1.3442 with the immediate support at 1.3430 (MA21d) ahead of 1.3364 (low Feb.12) and then 1.3325 (low Feb.11).
On the flip side, a breakout of 1.3475 (high Feb.12) would bring 1.3501 (MA10d) and then 1.3577 (high Feb.7).