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Forex pairs in this Article » EUR/USD
FXstreet.com (Barcelona) - The single currency found extra buying pressure after German Finance Minister Roesler said the euro would not be overvalued, stressing at the same time that the ECB may hike the lending benchmark as the crisis in the euro area fades.

The euro is rising accordingly, quickly leaving behind the key resistance at 1.3300 and stabilizing around 1.3320 as of writing,

EURUSD is now up 0.08% at 1.3317 with the next resistance at 1.3373 (Upper Bollinger) followed by 1.3404 (high Jan.14) and 1.3487 (2012 high Feb.24).
On the other hand, a drop beyond 1.3265 (low Jan.15) would aim to 1.3249 (low Jan.11) and then 1.3201 (MA21d).
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