FXstreet.com (San Francisco) - The Euro is currently rallying against the US Dollar following the Yellen statement and her suggestion that the US economy must improve further before the Fed starts its tapering.

After jumping around 40 pips in the latest few minutes from 1.3455, the EUR/USD is trading at intra-week highs close to the 1.3500 key level.

Above 1.3500, next resistances are at 1.3530, 1.3545 and 1.3600. On the downside, supports are at 1.3455, 1.3415 and 1.3360

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Forex pairs in this Article » EUR/USD

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