EURUSD rose on Friday and closed at 1.3832. The Reuters/Michigan Consumer Sentiment in the United States rose to a reading of 84.1 in April. Fitch Ratings confirmed the sovereign debt rating of Italy at BBB+ and raised its outlook from “Negative” to “Stable”.
At the start of the European trading session the Euro pushed higher against it US counterpart and its currently trading near the 1.3870 level.
Investors are now looking forward for the Pending Home Sales month over month data due from the United States.
Support for the EURUSD is seen at 1.3809 and resistance is seen at 1.3871.
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EURUSD pushing towards the 1.39 level at the start of the week
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