EUR/USD in highs around 1.3350 2013-08-08 06:10 GMT | - TopicsExpress

EUR/USD in highs around 1.3350 2013-08-08 06:10 GMT | FXStreet FXstreet (Edinburgh) -The shared currency is printing fresh session highs on Thursday, lifting the EUR/USD to the area of 1.3350/55. EUR/USD bolstered by risk The increasing risk appetite in the last sessions plus surprises from central banks have pushed the pair to fresh muti-week highs well above 1.3300 the figure, breaking the previous congestion pattern. Data-wise, German trade surplus rose to €15.7 billion in June and the current account surplus widened to €17.3 bilion in the same period, both print exceeding expectations. Ahead in the day, the weekly report on the US labour market will be in the limelight, with consensus expecting Initial Claims to rise to 336K in the week ended on August 3rd. EUR/USD levels to watch The pair is now advancing 0.02% at 1.3340 facing the next resistance at 1.3417 (high Jun.19) ahead of 1.3456 (high Feb.14) and then 1.3481 (76.4% of 1.3711-1.2740). On the downside, a break below 1.3246 (low Aug.6) would expose 1.3233 (low Aug.5) and finally 1.3200 (psychological level). EUR/USD 2013-08-08 06:00 GMT 1.3336/1.3340 (0.0675%) H1.3347 L1.3335 S3 S2 S1 R1 R2 R3 1.3320 1.3328 1.3332 1.3344 1.3352 1.3356 Trend Index OB/OS Index Bullish Overbought

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