With the lack of any real economic data on the session, EURUSD has stalled once again ahead of 1.3400 psychological resistance. The barrier should prompt the single currency to retrace some momentum back to 1.3100 in the medium term. The figure remains a key doorway to a potential slump back to 1.2900.
Remember to keep an eye on tomorrow’s flash manufacturing survey expected out in the early overnight session. Expectations are for further positive developments towards expansion to occur – with estimates rising to 47.1 from 46.
Remember to keep an eye on tomorrow’s flash manufacturing survey expected out in the early overnight session. Expectations are for further positive developments towards expansion to occur – with estimates rising to 47.1 from 46.
