HotForex

US Data Weighs on Greenback ahead of the Long Weekemd

FX:EURUSD   Euro / U.S. Dollar
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EURUSD , H1 - Holds 1.1400 following a weak US data dump. Support sits at the 200 Moving Average down at 1.1370, with Resistance at R1 around 1.1445 and yesterdays high at 1.1470. With plenty of data still to come (Existing Home Sales, Leading Index and Revised data from the UoM together with the Weekly EIA Oil inventories) the 1.1400 area remains interesting for the pair.
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