President of the European Council Van Rompuy words also supported euro buying after saying that Europe should get back on growth in 2013. On the negative side, the EMU construction output contracted -0.4% in November to an annualized fall from -4.1% to -4.7%.
“EURUSD established support at 1.3265, lending to a bout of consolidation on the session”, wrote Fxstreet.com independent analyst Richard Lee. “Any upside corrections at this point will target resistance at the 1.3403 January 14th session high”, he added, pointing to a second support at 1.3140.
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