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EURUSD boosts after Spanish auction and ECB

by on January 10, 2013 1:08 pm GMT
 

The euro rose against the dollar and the yen on Thursday after strong demand at a Spanish bond auction, but further gains were likely to be limited before a European Central Bank interest rate decision.

The single currency rose to a session high against the dollar and the yen after Spain’s Treasury sold 5.8 billion euros of bonds, exceeding its target range of 4 billion-5 billion euros.

While ECB Holds Benchmark Rate at 0.75% as Mood Brighten, EURUSD continues around 1.3110/15

Pivot Woodie Fibonacci
Resistance 3 1.3147 1.3143 1.3121
Resistance 2 1.3121 1.3119 1.3099
Resistance 1 1.3088 1.3084 1.3085
Pivot 1.3062 1.306 1.3062
Support 1 1.3028 1.3024 1.3039
Support 2 1.3003 1.3001 1.3025
Support 3 1.2969 1.2965 1.3003