EUR/USD back around 1.3600 - FXStreet

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Łódź) - According to FXStreet Chief Analyst Valeria Bednarik the backdrop of EUR/USD compliments on weak PMI readings, has been reversed as the pair found buyers around 13570/80 static support zone.



Key quotes



"Back around 1.3600, the hourly chart shows current candle opened above a flat 20 SMA as indicators grind higher around their midlines, while the 4 hours chart maintains a neutral stance."



"Some action may come from US PMI readings, albeit market may wait until Tuesday’s data to decide where to go with the pair."



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