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EUR/USD clicking higher to open the week – 1.3409 resistance looms

FXstreet.com (Barcelona) – The EUR/USD opened modestly higher and may be setting up for a “make or break” moment at the 1.3409 resistance area.

EUR/USD traders will have to contend with US data Monday

Early in the US session Monday, the US will see its monthly Durable Goods data and Dallas Fed Manufacturing Business Index released. Data from Europe won’t really be flowing until Tuesday’s German IDO Current Assessment, Business Climate and Expectations are released.

Technical outlook for EUR/USD

Technicians say 1.3409 is the key upside correction resistance level to monitor early this week for EUR/USD. A break …read more