EUR/USD maintains the range after data in Germany

FXstreet.es (Edinburgh) - poor data from the German economy have passed almost unnoticed for operators today Friday, with the EUR/USD by turning lathe to 1.2870/75.

EUR/USD accelerates the decline

Germany factory orders have shrunk at an annual rate of 2.0% in the month of may, and 1.3% in monthly terms, to be lower than the market consensus. While operators have the focus on the payroll of the American economy today, the data represents a bucket of cold water on the recent best in several of the indicators in the euro area.

EUR/USD levels to take into account

At the time of writing, the pair lost 0.27% at 1.2877 following support waiting for you at 1.2859 (weekly cloud top) in front of 1.2838 (min. may.29) and finally 1.2821 (min. may.23). On the other hand, overcome 1.3015 (MA10d) would expose 1.3032 (max. jul.3) and at 1.3047 (MA100d).

* FXstreet.es, news of currency *