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Forex: EUR/USD around 1.3355/60, ZEW eyed

The bloc currency is trading almost unchanged from Monday’s close, hovering over the mid 1.3300s ahead of the German/EMU ZEW Survey. Prior estimates expect the series to improve in both its components, Economic Sentiment and Current Situation.

The cross is navigating within a narrow range on Tuesday, climbing overnight from lows below 1.3340 to the boundaries of 1.3360

At the moment, the cross is up 0.04% at 1.3356 facing the next resistance at 1.3392 (high Feb.15) ahead of 1.3415 (hourly high/lows Feb.14) and 1.3422 (MA10d).
On the flip side, a breakdown of 1.3307 (low Feb.15) would lead the way to 1.3286 (low Jan.24) and finally 1.3271 (MA55d).

Forex Flash: EUR/USD break below 1.3270 opens up 1.3187 - UBS

According to UBS FX Strategy team: “There is strong support at 1.3270,” for EUR/USD, the analysts say, adding: “Only a closing break below this would trigger deeper sell-off to 1.3187,” while “Resistance is at 1.3393 ahead of 1.3520,” the team concludes.
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Forex: GBP/USD in session highs around 1.5485/90

The sterling keeps the bearish tone on Tuesday, unable to gather any traction that push the cross above the key resistance at 1.5500 so far, as the sedative effects of last week’s quarterly inflation...
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