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FXStreet (Edinburgh) - EUR/USD is trading almost unchanged on Wednesday, hovering over the 1.0730 region following EMU and US releases.
EUR/USD a tad weaker on data
The pair keeps the red territory after the preliminary gauge of the Consumer Confidence in the euro area dropped to -4.6 for the current month, according to the European Commission.
Further releases in the US economy saw Existing Home Sales increasing to 5.19 million on a monthly basis during March, or 6.1%, bettering both consensus and February’s print. Previously, the Housing Price Index rose 0.7% inter-month in February, matching forecasts and up from January’s 0.3% advance.
EUR/USD key levels
At the moment the pair is losing 0.10% at 1.0724 with the next support at 1.0660 (low Apr.21) followed by 1.0646 (61.8% of 1.0521-1.0849) and then 1.0624 (low Apr.16). On the upside, a surpass of 1.0802 (high Apr.22) would target 1.0825 (high Apr.20) en route to 1.0849 (high Apr.17).
