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Forex pairs in this Article » EUR/USD (Córdoba) - The EUR/USD spiked to its highest level post-Fed taper during the American session as the greenback weakened across the board and propelled by better-than-expected EZ confidence data.

The EUR/USD pierced above the 1.3700 mark and hit a high of 1.3708 before being rejected, with the pair sliding back to the 1.3665 area. At time of writing, the EUR/USD is trading at 1.3680, still up 0.1% on the day but on track to close the week in red, down 0.3%, following a 5-week rising streak as the USD rallied in the wake of Fed's taper move.

EUR/USD levels to watch

As for technical levels, the EUR/USD could find immediate resistances at 1.3708 (daily high) and 1.3730 (10-day SMA). On the downside, supports are seen at 1.3620 (Dec 6 low), 1.3600 (psychological level) and 1.3580 (Nov 29 low).
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