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At the moment, the cross is losing 0.20% at 1.3371 facing the next support at 1.3349 (low Jan.25) ahead of 1.3265 (low Jan.23) and then 1.3215 (Lower Bollinger). On the flip side, a break above 1.3462

The pessimism around the euro after Draghi’s press conference on Thursday continues to weight on the cross, now dragging the single currency to the region of 1.3650, as the trading week draws to a close.

Monday docket in the euro area would be practically non-existent, as the only releases would be the French Industrial Production and the Portuguese trade balance.

At the moment, the cross is losing 0.20% at 1.3371 facing the next support at 1.3349 (low Jan.25) ahead of 1.3265 (low Jan.23) and then 1.3215 (Lower Bollinger).
On the flip side, a break above 1.3462 (low Feb.5) would expose 1.3510 (MA10d) and finally 1.3577 (high Feb.7).

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