EUR/USD bounced-off daily highs and fell to fresh session lows, witnessing huge swings during the European session, despite upbeat industrial production numbers from France and Italy.
Declines from 1.1345
The EUR/USD now posts fresh session lows at 1.1293, down -0.26% on the day. EUR/USD slipped below 1.1300 as the shared currency continues to suffer from the uncertainty surrounding Greece with rising fears of EU collapse.
Traders prefer the US dollar at this moment as they turn their focus on US jobs data to be released later today.
Moreover, upbeat French and Italian industrial production numbers failed to lift the vulnerable euro versus the US counterpart.
EUR/USD Technical Levels
The pair has an immediate resistance at 1.1365 levels, above which gains could be extended to 1.1400 levels. On the flip side, support is seen at 1.1269 levels, below which it could extend losses to 1.1223 levels.
Declines from 1.1345
The EUR/USD now posts fresh session lows at 1.1293, down -0.26% on the day. EUR/USD slipped below 1.1300 as the shared currency continues to suffer from the uncertainty surrounding Greece with rising fears of EU collapse.
Traders prefer the US dollar at this moment as they turn their focus on US jobs data to be released later today.
Moreover, upbeat French and Italian industrial production numbers failed to lift the vulnerable euro versus the US counterpart.
EUR/USD Technical Levels
The pair has an immediate resistance at 1.1365 levels, above which gains could be extended to 1.1400 levels. On the flip side, support is seen at 1.1269 levels, below which it could extend losses to 1.1223 levels.
