FXStreet (Córdoba) - The EUR/USD rose modestly during the American session and managed to climb toward 1.3600 after falling to 1.3588 earlier. From the lows the Euro rose to 1.3609 and currently trades at 1.3602, down 0.30% for the day.

EUR/USD technical outlook

The pair dropped on Thursday from levels near 1.3650 to 1.3588, breaking important short term supports, like an hourly uptrend line. The outlook for the coming hours favors the US dollar but remains sideways in the short term.

If its end the day around current levels, the price could post the sixth daily close in a row between 1.3640 and 1.3590, trading back inside a range that also limited price action late in May and several times in June.

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Forex pairs in this Article » EUR/USD

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