Euro Zone information can accompany USA politics in traders’ lenses Mon
EUR/USD traders can clearly still react to the continual news effuse of Washington D.C. for all of in the week. Over the weekend, there could have really been a step or 2 taken within the wrong direction in line with many politicians throughout their appearances on the weekly network speak shows on Sunday. However, those self same politicians coupled that unhealthy news with optimism concerning the prospects of reaching associate degree agreement on the debt limit and government closing by the Gregorian calendar month seventeenth point in time.
Monday can bring EUR/USD traders EuroZone Industrial Production information to digest at 09:00 Greenwich Mean Time.
Technical outlook for EUR/USD
Technicians say the EURUSD could have flat-bottomed last weekday at 1.3489. The side move off of that low already saw a short pullback and seems set to be followed up by additional side. Support for the cross comes in at Friday’s shut of 1.3537. the primary 2 resistance levels for EUR/USD are available in at 1.3580 and 1.3600.
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