Markets  |  February 15, 2013 14:05:00

EUR / USD gives up

The New York manufacturing index in February in mom measurement of got a negative -2.1 points to a solid 10 points. Values ??above 0 indicate an improving state of the manufacturing sector, the largest city in the U.S.. The survey was conducted between approx. 200 manufacturers in New York. Positive values, the manufacturing sector has for the first time since last summer. Index of new orders in an improved significantly to 13.3 index points and supply jumped to 13.1 points.

Eurodollars got to reach the limit that separates the growing trend of falling. Now the question arises whether it can support 1.326 to 1.328 retain market. The stochastic oscillator has formed bullish divergence that could EUR / USD again kick up. It will be important, as the price reacts to strong technical levels.

U.S. dollar index BOSSAUSD third time testing 67.54 resistance. The current situation suggests creating the double peak, which indicates a weakening dollar. This could EUR / USD support upwards.

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Read also:

December 21, 2018Aktuální příležitost na EUR/USD (21.12.2018) Martin Bartoš (LYNX)
August 03, 2018EUR/USD: Sentiment stále ve prospěch USD Research (Česká spořitelna)

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