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Forex pairs in this Article » EUR/USD
FXstreet.com (New York) - The EUR/USD foreign exchange topped out earlier at the 1.3391 level (overnight high), only to rescind its gains during European trading.

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EUR/USD returns to opening levels

In these moments, the pair is trading at 1.3342, or a marginal +0.04% above it’s opening. Outlining the technicals, Mataf.net analysts identify the next short-term resistances at 1.3395, then 1.3430, and 1.3495. Meanwhile, support lies below at 1.3295, ahead of 1.3230, and 1.3195.

EUR/USD maintains positive course above 1.3225

According to the Technical Analyst Team at ICN.com, “The EUR/USD managed to stabilize above 61.8% correction at 1.3340, which might extend bullishness toward 1.3505. Trading above 1.3225 levels keeps the general positivity valid, however stability above 1.3340 today sustains the intraday bullish outlook.”
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