EUR/USD glued to the 1.31 handle

FXstreet.com (Barcelona) - The EUR/USD foreign exchange rate is currently trading flat at around the 1.3110 area, unchanged for last 5 hours, off fresh 2-day lows printed after FED Bernanke's testimony at 1.3064.

EUR/USD with no trend underway

According to Valeria Bednarik, Chief Analyst at Fxstreet.com, “The EUR/USD hourly chart shows indicators flat in neutral territory, with no trend underway. The pair has managed to bounce from a daily low of 1.3065, 61.8% of its latest bullish run, yet the 1.30/32 area will likely contain the pair during the upcoming days."

EUR/USD key technical levels

Bednarik locates support levels at: 13080, 1.3050 and 1.3010, while resistance levels at: 1.3110, 1.3140 and 1.3190.