For the 24 hours to 23:00 GMT, EUR declined 0.49% against the USD and closed at 1.3903.
In Germany, factory orders seasonally adjusted rose 2.9% (M-o-M) in January from the 3.4% drop reported in December. Additionally, trade deficit in France widened to €5.89 billion in January, compared to €5.06 billion deficit posted in December.
In the Asian session, at 4:00GMT, the EURUSD is trading at 1.3888, 0.11% lower from the levels yesterday at 23:00GMT.
The pair has its first short term resistance at 1.3961, followed by the next resistance at 1.4035. The first support is at 1.3843, with the subsequent support at 1.3799.
Trading trends in the pair today are expected to be determined by data release on industrial production in Germany.
The currency pair is trading just below its 20 Hr moving average and below its 50 Hr moving average.
