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Forex pairs in this Article » EUR/USD
FXStreet (Córdoba) - After reaching fresh day highs in the wake of above expectations Eurozone PMI's, the EUR/USD lost strength and pulled back below the 1.3500 mark as investors await the US PMI figures.

The EUR/USD peaked at 1.3518 but failed to hold above the psychological level and slid to the 1.3490 zone, where it is trading at time of writing, still a few pips above its opening price. The EUR/USD hit a fresh 2-month low of 1.3476 during the European trade, weighed by the risk off sentiment and cautious ahead this week's ECB decision after reports suggested the central bank could stop sterilizing its bond purchases.

EUR/USD technical levels

On the upside, immediate resistances for EUR/USD line up at 1.3518 (Feb 3 high), 1.3530 (50-hour SMA) and 1.3570 (Jan 31 high) ahead of 1.3600 (psychological level). On the downside, supports are seen at 1.3476 (Feb 3 low), 1.3460 (Nov 22 low) and 1.3415 (Nov 20 low).
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