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Forex pairs in this Article » EUR/USD (New York) - The EUR/USD foreign exchange rate has hung onto its robust gains during the entirety of the US session, still navigating slightly off its intraday highs at 1.3070.

EUR/USD trading above its 20 and 50-day SMA

Presently, the EUR/USD technical pair is still operating positively at 1.3062, up +0.38% in these moments. Technically speaking, the pair is trading above both its 20 and 50-day SMA.

EUR/USD a sell above 1.3055

According to the Danske Research Team, “We look to sell the EUR/USD at 1.3055, targeting 1.2934. Moreover, we recommend placing a stop at 1.3110. Resistances are found at 1.3076, onto 1.3110. On the decline, a break below 1.2985 will open up supports at 1.2956 and 1.2934.”
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