FX : Euro slightly higher after growth on Eurozone Services activity
FXstreet.com (Barcelona) - Services sector's activity has expanded in the countries belonging to the Euro Area in September, as the PMI index bounced to 50.6 in September, from 49.9 in August. PMI figures mean growth on levels above 50.0 and contraction in levels below 50.0.
EUR/USD has moved from levels around 1.4620 to 1.4635 after PMI figures were released, with next resistance levels at 1.4645, and above here, at 1.4675/80 (Sept 30/Oct 1 high) and 1.4725/30 (28 and 25 Sept highs). On the downside, support levels lie at 1.4620, and below there, 1.4580 (intra-day low) and 1.4560.
