EUR with a slightly accommodation – scotiaabank

The euro (EUR) has not changed a little a day and continues to unify the recent gains, Sean Osborne, chief strategic expert at ScotiaBank.
The upward trend is still intact
“It has been a slightly short -term proliferation, which helped to trim the euro Rally, but the teams are still widely supportive. Industrial production in the second of January (January) was flat in January, compared to expectations of a decrease of 0.8 %/m. December output was reviewed to (still weak) by 1.5 %.”
EURUSD continues its unification. The immediate losses extend for the second day and the test support at the top 1.08s top, but the wider technical preparation remains constructive and decreases to a low/mid -1.08 area must remain supported. The main short -term support is 1.0805. Resistance is 1.0950 and 1.10. “