Euro faces selling pressure against the US Dollar, falling to mid-1.1300 level on Friday but managed to close above 55-day moving average. Relative Strength Index has also slipped to 30.00 bearish territory.
Further crucial support lies at 1.1300 handle but it's quite possible that the support level doesn't come into play as Euro remains bid on the day amid better than expected Chinese retail sales and industrial production data.
On the upside, 1.1400 is playing as a psychological resistance level while US-China trade tension may add further strength to the hurdle.
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