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Forex pairs in this Article » EUR/USD, EUR/GBP (Moscow) - Tokyo open breathed in life into EUR/USD as the pair moved above the resistance of 1.3565/70 and spiked to the intraday high at 1.3579.

EUR/USD will follow the others

The EUR/USD started the day within a narrow range, but the US Dollar weakness in USD/JPY spilled over to it pushing the pair above the resistance zone of 1.3565/70. The movement proved to be unsustainable as the pair quickly returned to the area below the above said resistance zone. But EUR bulls still have a chance to take the EUR/USD under control and push it higher to the key resistance of 1.3600, should the Dollar negative sentiments prevail at the European opening. The Eurozone macro calendar is empty today, it means that the EUR/USD trading will be technically biased. Also keep an eye at UK data as it may trigger large movements in EUR/GBP and. consequently, have a knock-on effect on EUR/USD. The closes support is currently lies at 1.3550. The move below will trigger further losses to 1.3530/20.

What are today’s key EUR/USD levels?

Today's central pivot point can be found at 1.3549, with support below at 1.3527, 1.3495 and 1.3473, with resistance above at 1.3581, 1.3603, and 1.3635. Hourly Moving Averages are mixed, with the 200SMA at 1.3608 and the daily 20EMA at 36.29. Hourly RSI is neutral at 58.43.
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