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Forex pairs in this Article » EUR/USD
FXStreet (Córdoba) - The EUR/USD rallied more than half a cent during the American session and reached fresh highs for the day in a bout of greenback selling.

The EUR/USD rose to a high of 1.3758 but faltered once again before the 1.3760/70 resistance area, which has kept the pair capped this week. At time of writing, the EUR/USD is trading at the 1.3730 zone, still up 0.1% on the day.

In the macroeconomic domain, US existing home sales dropped 5.1% in January versus -4.3% expected, following a 0.8% rise the previous month.

EUR/USD levels to watch

If the EUR/USD does break above the 1.3760/70 area, next resistances line up at 1.3800 (psychological level) and 1.3818 (Dec 30 high). On the flip side, next supports are seen at 1.3685 (Feb 20 low), 1.3652 (50-day SMA) and 1.3620 (100-day SMA).
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