FXstreet.com (Barcelona) - The bloc currency has stopped its correction from session lows on the doorsteps of 1.3080 on Thursday, after the GDP figures of the euro zone showed that the economic activity during the third quarter has contacted 0.1% QoQ and 0.6% on the annualised version, matching expectations. In the same direction, the unemployment in Greece has posted a new record high, climbing to 26% in September, up from August’s 25.3%.
EUR/USD is now up 0.07% at 1.3077
Next resistance levels line up at 1.3127 (high Dec.5) ahead of 1.3129 (high Oct.18) and 1.3140 (high Oct.17).
On the downside, a breach of 1.3007 (MA10d) would expose 1.2973 (low Dec.3) and finally 1.2969 (low Nov.30).