EUR/USD holding up on 1.3450

By FXstreet.com | July 23, 2014 AAA

FXStreet (Guatemala) - EUR/USD is trading at 1.3464, down -0.01% on the day, having posted a daily high at 1.3475 and low at 1.3455.



EUR/USD is solid above 1.3450 as a levels that seems to be holding up, so far. The pressure is however mounting and this is displayed on the longer-term charts, where 1.34 psychological handle and level is key. On the hourly EUR/USD chart, the 200 SMA is declining and currently at 1.3487, down from the previous hour close at 1.3544.



EUR/USD Levels



With spot trading at 1.3464, we can see next resistance ahead at 1.3466 (Daily Open), 1.3469 (Hourly 20 EMA) and 1.3480/90. Support below can be found at 1.3455 (Daily Low), 1.3401 (Weekly Classic S2) and 1.3311 (Weekly Classic S3).



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