Forex: EUR/USD posting fresh highs above 1.3400
Forex pairs in this Article »
EUR/USD
FXstreet.com (Barcelona) - In a sudden bout of risk appetite, the shared currency jumped to the area around 1.3420, posting fresh yearly highs while waiting for the key German data.
The euro thus extends its momentum, climbing more than one-big figure since yesterday's lows around 1.3280
As of writing, EURUSD is now advancing 0.27% at 1.3413 with the next resistance at 1.3451 (Upper Bollinger) followed by 1.3487 (2012 high Feb.24).
On the other hand, support levels line up at 1.3265 (low Jan.23) would aim for 1.3248 (low Jan.11) and then 1.3235 (MA21d).
The euro thus extends its momentum, climbing more than one-big figure since yesterday's lows around 1.3280
As of writing, EURUSD is now advancing 0.27% at 1.3413 with the next resistance at 1.3451 (Upper Bollinger) followed by 1.3487 (2012 high Feb.24).
On the other hand, support levels line up at 1.3265 (low Jan.23) would aim for 1.3248 (low Jan.11) and then 1.3235 (MA21d).
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