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Forex pairs in this Article » EUR/USD
FXStreet (Córdoba) - The EUR/USD slumped and broke below the 1.3600 mark during the European session amid ECB's Coeure comments on negative deposit rates.

European Central Bank member Coeure said the bank is considering negative deposit rates "very seriously". Comments smashed the euro, which fell more than 50 pips versus the dollar in a matter of minutes. The EUR/USD printed a 5-day low of 1.3586 and it is currently trading around 1.3590, recording a 0.3% loss on the day.

EUR/USD levels to watch


As for technical levels, next support is seen at 1.3570 (10-day SMA) followed by 1.3551 (Feb 7 low). On the other hand, resistances could be found at 1.3652 (Feb 12 high) and 1.3682 (Feb 11 high).
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