The bloc currency is clinging to the psychological level at 1.3000 on Monday, as the market is still looking for any catalyst to define a trend either way.
In the data space, the Unemployment Change in Spain grew less than estimated during February, 59.4K vs. 77.5K expected. The Sentix index fell to -10.6 for the month of march, below estimates at -5.2 and -3.9 previous.
As of writing, the pair is losing 0.01% at 1.3011 with the next support at 1.2967 (low Mar.1) ahead of 1.2929 (low Dec.11) and finally 1.2910 (76.4% of Nov.-Feb. rise). On the flip side, a breakout of 1.3101 (high Mar.1) would open the door to 1.3163 (high Feb.28) and finally the psychological level at 1.3200