EUR/USD: The euro steadied after falling to a 5-day low in the previous session, as the recovery in Greece’s housing market gained momentum in the first quarter. The European currency traded 0.1 percent up at 1.1297, having touched a high of 1.1347 on Friday, its highest since Mar. 22.
Investors’ attention will remain on a series of data from the Eurozone economies and EZ industrial production, ahead of the U.S. unemployment benefit claims, and import and export price index.
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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