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EUR/USD reacts to the upside and trades above 1.2940

FXStreet (San Francisco) - After declining 65 pips overnight from 1.2970 to trade at daily lows of 1.2905, the EUR/USD was trading sideways at this levels in the last few hours; However, pair reacted to the upside following weaker than expected Industrial production and now it is pricing at 1.2940.

Industrial production fell 0.1% in August while July data was revised down to an increase of 0.2% from a previously reported of 0.4%.

Currently, EUR/USD is trading at 1.2943, down 0.15% on the day, having posted a daily high at 1.2974 and low at 1.2909. The FXStreet OB/OS Index is reflecting oversold hourly conditions, while the FXStreet Trend Index is slightly bearish.

EUR/USD levels

If the pair continues recovering, it will face next resistances at 1.2970, 1.2980 and 1.3000. On the downside, supports are at 1.2905, 1.2880 and 1.2860.

جاء مؤشر الإنتاج الصناعي في الولايات على أساس شهر أقل بنسبة 0.1% أقل من التوقعات عند(0.3%) في شهر أغسطس

FXStreet - للمزيد من المعلومات تابع لدينا أخر الأخبار الخاصة بالفوركس على موقعنا
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