6 Apr 2015
EUR/USD flat-lined near 1.0980
FXStreet (Edinburgh) - The single currency is trading almost unchanged vs. its American rival on Monday, with EUR/USD consolidating around 1.0980.
EUR/USD in narrow range
The pair extends the overnight tight range just below the 1.10 mark, easing some pips after hitting session highs near 1.1020 in early trade. Thin trade and bouts of volatility are set to prevail today amidst the inactivity in many European markets due to Easter Monday.
There are no data releases scheduled in Euroland today, while the ISM Non-manufacturing and the Labor Market Conditions Index will grab all the attention across the pond.
EUR/USD key levels
At the moment the pair is losing 0.01% at 1.0978 with the immediate support at 1.0867 (low Apr.3) followed by 1.0766 (low Apr.2) and then 1.0718 (low Apr.1). On the upside, a breakout of 1.1019 (high Apr.6) would open the door to 1.1052 (high Mar.26) and finally 1.1062 (high Mar.18).
EUR/USD in narrow range
The pair extends the overnight tight range just below the 1.10 mark, easing some pips after hitting session highs near 1.1020 in early trade. Thin trade and bouts of volatility are set to prevail today amidst the inactivity in many European markets due to Easter Monday.
There are no data releases scheduled in Euroland today, while the ISM Non-manufacturing and the Labor Market Conditions Index will grab all the attention across the pond.
EUR/USD key levels
At the moment the pair is losing 0.01% at 1.0978 with the immediate support at 1.0867 (low Apr.3) followed by 1.0766 (low Apr.2) and then 1.0718 (low Apr.1). On the upside, a breakout of 1.1019 (high Apr.6) would open the door to 1.1052 (high Mar.26) and finally 1.1062 (high Mar.18).