EUR/USD grinding sideways early Monday

FXstreet.com (Barcelona) – The EUR/USD continues to churn sideways below key resistance at 1.3409 and above short-term support at 1.3370.

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

Early in the US session Monday, traders will look to the US’s release of monthly Durable Goods data and the Dallas Fed Manufacturing Business Index for guidance of the near-term direction of the EUR/USD.

Technical outlook for EUR/USD

Technicians say 1.3409 is the key upside correction resistance level to monitor early this week for EUR/USD. The call for weeks by many technicians has been that …read more