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5 Apr 2013
Forex: EUR/USD testing highs around 1.2835/40
FXstreet.com (Barcelona) - The shared currency is testing session highs in the vicinity of 1.2835 on Thursday, after German Factory Orders expanded 2.3% on a monthly basis, leaving behind the forecasted advance of 1.2% and January’s contraction of 1.6%.
In the meantime the ECB informed that banks will repay €3.97 billion of the second 3-year LTRO in the upcoming week.
At the moment, the pair is flat at 1.2935 with the next support at 1.2893 (MA200d) delante de 1.2849 (MA10d) y después 1.2747 (mín. abr.4).
On the upside, resistance levels align at 1.2949 (high Apr.4) ahead of 1.3050 (high Mar.25) and then 1.3107 (high Mar.15).