FRX: EUR/USD up toward the end of European session
Forexpros - The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Durable Goods Orders.
EUR/USD was trading at 1.3203, up 0.05% at time of writing.
The pair was likely to find support at 1.3105, Monday’s low, and resistance at 1.3236, today’s high.
Earlier in the day, official data showed that durable goods orders in the U.S. fell more-than-expected to a seasonally adjusted -4.2% last month, from 1.9% in the preceding month whose figure was revised down from 2.4%.
Analysts had expected durable goods orders to fall -1.7% last month.
Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8180 and EUR/JPY rising 0.06% to hit 107.38.
