EUR/USD bounces at 1.3370 and tests back 1.3400

By FXstreet.com | July 31, 2014 AAA

FXStreet (San Francisco) - The Euro stopped declines at 1.3370 where the pair found support and it started to recover towards the 1.3400 area.



Currently, EUR/USD is trading at 1.3391, down -0.04% on the day, having posted a daily high at 1.3401 and low at 1.3372. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bearish.



EUR/USD levels



If the pair remains to rise, it would face next resistance at 1.3400 ahead of 1.3415. On the downside, supports are at 1.3365, 1.3300 and 1.3245.



comments powered by Disqus
Related Forex Analysis
  1. NZD/USD Rebounds After Piercing Line Pattern Offered Bullish Signal
    Forex News

    NZD/USD Rebounds After Piercing Line Pattern Offered Bullish Signal

  2. GBP/USD Recovery May Lack Fuel Amid Void Of Reversal Signals
    Forex News

    GBP/USD Recovery May Lack Fuel Amid Void Of Reversal Signals

  3. EUR/USD Descent Stalls As A Doji Candlestick Highlights Hesitation
    Forex News

    EUR/USD Descent Stalls As A Doji Candlestick Highlights Hesitation

  4. USD/JPY recovered from Asian lows at 108.55, but still under pressure
    Forex News

    USD/JPY recovered from Asian lows at 108.55, but still under pressure

  5. EUR/USD Sitting Still
    Investing

    EUR/USD Sitting Still

Trading Center