EUR/USD: The euro eased from a 7-week peak as the European Central Bank on Thursday ruled out raising interest rates in the next year and opened the door to cutting them or buying more bonds as risk factors such as global trade war and Brexit weighed on the eurozone economy. The European currency traded 0.1 percent down at 1.1266, having touched a high of 1.1309 on Thursday, its highest since Apr. 17. Investors’ attention will remain on a series of data from the Eurozone economies, ahead of the U.S. nonfarm payroll report, unemployment rate, wholesale inventories and consumer credit. Immediate resistance is located at 1.1304 (Apr. 18 High), a break above targets 1.1344 (March 15 High). On the downside, support is seen at 1.1210 (Apr. 8 Low), a break below could drag it below 1.1183 (April 2 Low).
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