Forex News: Factory Orders better than expected

Come in at +0.6 versus +0.5% expected.  The prior month revised higher to +1.3% versus +1.1%.  Ex Transportation orders were up 0.4%.  Durable Goods which were reported a week ago were unchanged at 0.0% while non-durable good sales which include food, petroleum and chemicals jumped 1.2% as price increases helped that gain.   As prices are raised, the level of sales and orders tend to move higher.  When this happens the volume of purchases could be going down, while the $ value of the purchases goes up. 

The support levels in the EURUSD should be tested.