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Forex pairs in this Article » EUR/USD
FXStreet (Córdoba) - The EUR/USD rose to test Thursday’s highs after the release of inflation data from China and reached a fresh daily high at 1.3690. Afterwards pulled back toward 1.3680 where it has been trading since the beginning of the Asian session.

The Euro remains with bullish momentum in the short-term eyeing 1.3700, the last time the EUR/USD traded above was on January 27, when it rose to 1.3739 but it was rejected and retreat back to 1.3470.

On a weekly basis the Euro is heading toward the second gain in a row but is still facing resistance below 1.3700. So far in 2014 it failed post a weekly or even a daily close above that level.
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