The May Day holiday is taking it’s toll and trading is off to a sluggish start. EUR/USD managed a peek over 1.3300 a little earlier, but is back at 1.3285 presently. The inability to hold over 1.3300 doesn’t bode well for activity levels today, but i guess you never know.
Nice to see a bit of good news coming out of the Emerald Isle. Irish April manufacturing PMI rose to 36.1 from 35.1 in March.
Technical resistances now at 1.3305/10 and 1.3340, support down at 1.3280 and 1.3260. .
