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Forex: EUR/CHF trading negatively at 1.2150/52

FXstreet.com (Barcelona) - The EUR/CHF fell off the 1.2165 handle during European trading Monday, plummeting over 20 pips before bottoming out at the 1.2142 level (daily low). Following the release of economic statistics in the EMU, the cross has now recovered the mark of 1.2150/52 in these moments, down a modest -0.05%.

In the EMU, the Trade Balance n.s.a. came in at €10.4B in February, against expectations of €3.0B. In addition, the Trade Balance s.a. yielded a figure of €12.0B in the month of February, measured against a projection of €9.9B.

Mataf.net analysts identify the next corrective measures of support for the EUR/CHF at 1.2144, ahead of 1.2125, and finally 1.2099. Regarding a paring of losses, resistances for the pair will trigger should the pair reach 1.2189, onto 1.2215, and finally the 1.2234 handle.

Forex: EUR/GBP sideways trading at 0.8520/25

The EUR/GBP has recently been stagnated in trading, following a more volatile overnight session Monday. However, during European trading, the pair has been relegated to negative territory, wavering little in the aftermath of economic data out of the EMU. In these moments, the pair has settled at 0.8520/25, down -0.28% off its opening.
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