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Forex: EUR/USD glued to the area of 1.3445/50

The bloc currency is closing the NA session in the negative territory on Wednesday, extending its consolidation pattern around the comfort zone in the mid 1.34s, easing ground after tops above 1.3500

Tomorrow’s docket in the euro area would be more than interesting as France, Germany, Italy, Portugal and the euro composite would publish their flash Q4 GDP figures. Apart from that, we have Non-farm Payrolls in France during the fourth quarter, the ECB Monthly Report and the unemployment figures in Greece.

At the moment, the pair is losing 0.07% at 1.3447 and a dip below 1.3428 (low Feb.13) would aim for 1.3364 (low Feb.12) and finally 1.3325 (low Feb.11).
On the flip side, a breakout of 1.3437 (MA21d) would expose 1.3489 (MA10d) en route to 1.3520 (high Feb.13).

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