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EUR/USD recedes slightly after US jobless claims

FXStreet (Córdoba) - EUR/USD edged slightly lower but remained pretty unchanged near daily highs after US initial jobless claims came in line with expectations.

The number of the newly jobless who applied for unemployment benefits rose by 17,000 to 283,000 in the week ended Oct 17 from an upwardly revised reading of 266,000 the previous week and slightly above the 282,000 expected by analysts. Meanwhile, the Chicago Fed National activity index climbed to +0.47 in September versus -0.21 printed in August.

However, US dollar was barely affected by numbers, with EUR/USD sliding to the 1.2655 zone from 1.2666 pre data.

EUR/USD technical levels

As for technical levels, EUR/USD could find next supports are seen at 1.2613 (Oct 123 low) and 1.2600 (psychological level) ahead of 1.2583 (Oct 7 low). On the other hand, resistances could be found at 1.2675 (Oct 23 high), 1.2690 (20-day SMA) and 1.2739 (Oct 22 high).

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