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Forex pairs in this Article » EUR/USD
FXStreet (Córdoba) - The EUR/USD entered a consolidation phase after the latest bullish attempt propelled by disappointing US data found resistance at the 1.3690 area.

The EUR/USD climbed to a 2-week high of 1.3691 but lacked momentum to break decisively though the 1.3690/1.3700 resistance area and settled in a range just below with the in-line-with-expectations US business inventories data having virtually no impact on the pair. At time of writing, the EUR/USD is trading at the 1.3665 zone, recording a 0.5% gain Thursday.

EUR/USD technical levels

In terms of technical levels, the EUR/USD could find next resistances at 1.3691 (Feb 13 high) and 1.3700 (psychological level) ahead of 1.3716 (Jan 27 high). On the flip side, supports are seen at 1.3584 (10-day SMA), 1.3561 (Feb 12 low) and 1.3552 (Feb 7 low).
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