Forex: EUR/USD hovering over 1.3345

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FXstreet.com (Barcelona) - The bloc currency keeps the momentum well above the 1.33 figure, as we head towards the end of the trading week.

Ahead of Monday's docket in the euro area, German Wholesale prices will be released followed by a gauge of the Industrial Production in Italy and the euro bloc. US calendar will be empty, with speeches by Fed members Dudley, Lockhart and Chief Bernanke instead.

At the moment, the cross is up 0.55% at 1.3345 facing the next hurdle at 1.3368 (high Apr.3) ahead of 1.3385 (high Mar.27) and then 1.3487 (2012 high Feb.24).
On the downside, a breach of 1.3248 (low Jan.11) would lead to 1.3200 (psychological level) and then 1.3172 (38.2% of 1.2998-1.3280).



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Forex and Currencies

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