# EUR/USD Short-term Trend Play (June 27, 2013) Source: https://www.tradersway.com/resources/market-info/eur-usd-short-term-trend-play-june-27-2013/ Language: en Updated: 2013-06-27 Description: Explore EUR/USD Short-term Trend Play (June 27, 2013). There’s a. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. There’s a potential short-term retracement on EUR/USD’s 1-hour time frame which could come into play today. There’s a falling trend line connecting the pair’s recent highs while the 50% Fib is in line with a former support around the 1.3070 area. A few medium-tier euro zone reports are on tap for today, the biggest of which is the German unemployment change report. After posting a 21K increase in joblessness for April, only a 7K rise is expected this time. A higher than expected figure would mean that the jobs sector is still unstable in euro zone’s largest economy, which could be bearish on the euro. ![EUR/USD Short-term Trend Play (June 27, 2013)] As for the US, the core PCE price index and personal spending and income reports are due. The price index could show a small improvement in inflation while personal spending is expected to be up. If that’s the case, the dollar could draw support from good data. A stop above the 1.3100 major psychological level would yield a good reward-to-risk when shorting this pair. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/eur-usd-short-term-trend-play-june-27-2013/#primary", "url": "https://www.tradersway.com/resources/market-info/eur-usd-short-term-trend-play-june-27-2013/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/eur-usd-short-term-trend-play-june-27-2013/", "headline": "EUR/USD Short-term Trend Play (June 27, 2013)", "inLanguage": "en", "datePublished": "2013-06-27T11:19:16+00:00", "dateModified": "2013-06-27T11:19:16+00:00", "articleSection": "Market Info", "description": "Explore EUR/USD Short-term Trend Play (June 27, 2013). There’s a. 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