EUR/USD threatens daily highs

FXstreet.com (Córdoba) - The EUR/USD is back headed north following a short-lived pullback during the New York session.

EUR/USD resumes the upside

The EUR/USD continues to oscillate above 1.3500 unable to break decisively neither side of the board as cautious optimism over a budget deal in the US has left the pair hesitant. At the moment, EUR/USD is staging another upleg, although it is struggling to pick up momentum to break decisively above 1.3545.

EUR/USD technical levels

EUR/USD is currently trading at 1.3530, little changed on the day. On the upside, a break above daily highs would pave the way towards 1.3600 (psychological level) en route to 1.3645 (Oct 3 high). On the downside, supports are seen at 1.3485 (Oct 9 & 10 lows) and 1.3470 (Sep 26 low).

Republicans to present short-term debt limit on Thursday

House Republicans leaders send Obama a six-week increase debt limit plan on Thursday according House Speaker John Boehner and GOP leaders said in a recent press release. Republicans want to see what President Obama will offer their in return.
Mehr darüber lesen Previous

Flash: staring at the debt ceiling, risk of a 2013 downgrade? – Rabobank

Research teams look at the market implications around a possibility of Republicans and Democrats failing to reach an agreement in time.
Mehr darüber lesen Next