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Forex: EUR/USD flat as the session expires

The single currency keeps the area around the mid 1.3300 on Monday, as thin trade and lack of direction are prevailing in the markets due to the President’s Day holiday in the US.

Tuesday’s euro docket would bring the Greek Current Account ahead of the short-term Spanish auction of Letras. EMU’s Construction Output will follow, preceding the more relevant ZEW Survey in Germany and the euro bloc.

At the moment, the pair is up 0.03% at 1.3353 with the next resistance at 1.3392 (high Feb.15) ahead of 1.3415 (hourly high/lows Feb.14) and 1.3422 (MA10d).
On the flip side, a breakdown of 1.3307 (low Feb.15) would lead the way to 1.3286 (low Jan.24) and finally 1.3271 (MA55d).

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