EUR/USD offered post FOMC minutes

By FXstreet.com | July 09, 2014 AAA

FXStreet (Guatemala) - EUR/USD is trading at 1.3615, up 0.02% on the day, having posted a daily high at 1.3644 and low at 1.3602.



EUR/USD is however slightly offered here post the release of the FOMC minutes. The minutes essentially confirmed the markets expectations that the Fed will be leaning towards October as and end for their QE programme.



EUR/USD Levels



Spot is presently trading at 1.3615, and next resistance can be seen at 1.3617 (Hourly 20 EMA), 1.3619 (Yesterday's High), 1.3622 (Daily 20 SMA), 1.3626 (Daily Classic R1) and 1.3627 (Weekly Classic PP). Next support to the downside can be found at 1.3613 (Daily Open), 1.3606 (Daily Classic PP), 1.3604 (Hourly 100 SMA), 1.3602 (Daily Low) and 1.3595 (Weekly Low).



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