EUR/USD ends week around 1.3600

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Córdoba) - The EUR/USD rose back above 1.3600 but remains quiet as the rest of the currency market. The pair recovered after falling to 1.3590 where it found support.



The pair is consolidating marginal weekly gains as it trades 15 pips above last week closing price. The pair moved in a small trading range during the week, bottomed on Monday at 1.3574, then bounced to the upside and yesterday peaked at 1.3649, but afterward turned sharply to the downside.



EUR/USD levels to consider



To the upside, immediate resistance lies at 1.3610 and above here at 1.3650 (July 9, 10 high) followed by 1.3670 and 1.3700. To the downside, immediate support could be located at 1.3590 and below at 1.3575/80, followed by 1.3550.



You May Also Like

Related Forex Analysis
  1. Forex News

    EURUSD, AUDNZD, USDCAD - Lots of Room in Historical Ranges

  2. Forex News

    EURUSD, EURCHF - The Effectiveness of Stimulus

  3. Forex News

    Short EURUSD – Fed vs. ECB Policy Divergence to Fuel Deeper Euro Losses

  4. Forex News

    A day in the EUR/USD - FXStreet

  5. Forex News

    EUR/USD falls to lows at 1.2215

Trading Center