FXstreet.com (Córdoba) - The euro extended its correction versus the dollar after the latest string of US data showed US jobless claims declined last week, but remained elevated, while durable goods orders rose more than expected in September.
EUR/USD managed to recover ground on Thursday as risk appetite improved during the European session, but found sellers at the 1.3020 zone and began a pullback that has stretched to the 1.2970 zone after the data.
At time of writing, EUR/USD is quoting at the 1.2975 area, virtually unchanged since opening. On the downside, immediate supports are seen at 1.2950, 1.2920 and 1.2900, while resistances could be found at 1.3020, 1.3050 and 1.3070.
EUR/USD managed to recover ground on Thursday as risk appetite improved during the European session, but found sellers at the 1.3020 zone and began a pullback that has stretched to the 1.2970 zone after the data.
At time of writing, EUR/USD is quoting at the 1.2975 area, virtually unchanged since opening. On the downside, immediate supports are seen at 1.2950, 1.2920 and 1.2900, while resistances could be found at 1.3020, 1.3050 and 1.3070.
