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Forex: EUR/USD closing the week around 1.3350/55

The shared currency remains trapped around 1.3350/55 as the trading week draws to a close. Miserable data from the euro zone during the week kept the demand for euros subdued, redirected instead towards safe havens like the USD, CHF and JPY.

Extremely light docket awaits investors on Monday, as the only release would be the EMU Current Account for the month of December.

At the moment, the pair is losing 0.06% at 1.3356 with the next support lying at 1.3306 (low Feb.15) ahead of 1.3286 (low Jan.24) and then 1.3266 (MA55d).
On the upside, a breakout of 1.3415 (hourly high/lows Feb.14) would expose 1.3440 (MA21d) and finally 1.3456 (high Feb.14).

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