Filed Under:
Forex pairs in this Article » EUR/USD
FXStreet (Córdoba) - The EUR/USD managed to recover ground at the beginning of the American session as despite the latest round of mixed US data, market sentiment improved, giving risky assets a relief.

The EUR/USD found support at 1.3642 and following some consolidation around d 1.3660, the pair gathered momentum and rose back to the 1.3680 zone, almost completely erasing intraday losses. At time of writing, the EUR/USD is trading at 1.3675, a few pips below its opening price.

EUR/USD levels to watch

In terms of technical levels, immediate resistances are seen at 1.3680 (intraday level), 1.3719 (10-day SMA) and 1.3757 (Feb 26 high). On the other hand, supports could be found at 1.3642 (Feb 27 low), 1.3625 (50% of 1.3477-1.3773) and 1.3585 (Feb 13 low).
comments powered by Disqus