After equity futures spent the pre-market session in the red, the surprisingly firm opening of the cash markets is helping give EUR/USD a lift. Industrial production data, as bad as it was, beat expectations, and when couldled with the Empire State data, it is a greenish sorta shoot.
EUR/USD is seeing short-covering now that 1.3565 offers have been absorbed. There is little of interest topside from a technical perspective until the 1.3610 area. More resistance lie sbetween 1.3640 and 50 and again at 1.3665.
