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Forex pairs in this Article » EUR/USD (New York) - The EUR/USD foreign exchange rate grinded lower again Tuesday afternoon during US trading, having found its recovery movement stymied at the 1.3268 level.

In these moments, the EUR/USD is once again on the decline, settling at the 1.3254 level, incurring a loss of -0.08% on the day. The Danske Research team points to supports for the EUR/USD at 1.3237, ahead of 1.3223, and finally 1.3208.

EUR/USD strategic bias

According to the TD Securities Team, “The EUR/USD is mildly bid this morning, but the pair has so far still struggled to breach the pivotal 1.3300 threshold. A break of that level would look to the mid/upper 1.33 area where longer term (daily/weekly) resistance appears, while another failed attempt to get notably and sustainably through that level in today’s session could foretell the topping out of this grind higher and the beginning of a notable pullback.”
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