Forex - EUR/USD up at the end of U.S. session

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Forex Pros – The Euro was higher against the U.S. Dollar on Monday after the release of U.S. data on ISM Manufacturing Index.


EUR/USD was trading at 1.4829, up 0.16% at time of writing.


The pair was likely to find support at 1.4633, Wednesday’s low, and resistance at 1.4902, today’s high.


Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI fell less-than-expected to 60.40 last month from 61.20 in the preceding month.


Analysts had expected the ISM manufacturing PMI to fall to 59.70 last month.


Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.54% to hit 0.8908 and EUR/JPY rising 0.16% to hit 120.42.





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