The euro adjusts the positions. Euro zone trade balance

The single currency declines against the US dollar, which is mainly due to a partial profit-taking by investors, after a significant increase in the EUR/USD pair during the American and Asian sessions. As for the statistics, the Eurozone trade balance excluding seasonal fluctuations in December was 25.4 billion, against the previous decline of 26.3 billion.

Technical analysis: The pair EUR/USD maintains an upward trend in the short term. At the moment, the main resistance levels are 1,2535, 1,2585. Support levels are considered at 1,2400,1,2340.

Fig. EUR/USD. The current price is $ 1.2474.

Alexander Sivtsov