EUR/USD: The euro eased from a 2-1/2month peak on news that European Central Bank policymakers are open to cutting the ECB’s policy rate again if economic growth weakens in the rest of the year. The European currency traded 0.3 percent down at 1.1302, having touched a high of 1.1347 on Friday, its highest since Mar. 22.
Investors’ attention will remain on data out of Eurozone economies, ahead of the U.S. JOLTS Job Opening. Immediate resistance is located at 1.1359 (Mar. 18 High), a break above targets 1.1402 (Feb. 16 High). On the downside, support is seen at 1.1263 (Mar. 26 Low), a break below could drag it below 1.1201 (May 14 Low).
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