30 Jul 2013
EUR/USD turns negative and hits 5-day low
FXstreet.com (Córdoba) - The EUR/USD extended losses to fresh lows during the New York session after breaking below the 100-hour SMA and the 1.3250 support area.
EUR/USD breaks to fresh lows
EUR/USD came under pressure, weighed by a combination of a technical failure at 1.3300 and weaker-than-expected US data, and broke below the 1.3250/55 support area to hit a 5-day trough of 1.3233 in recent dealings.
EUR/USD levels
At time of writing, EUR/USD is trading at the 1.3240 zone, where it records a 0.2% loss on the day. In terms of technical levels, next supports could be found at 1.3210 (Jul 11 low) and 1.3200 (psychological level), while resistances are seen at 1.3300(psychological level) and 1.3325 (Jun 18 low).
EUR/USD breaks to fresh lows
EUR/USD came under pressure, weighed by a combination of a technical failure at 1.3300 and weaker-than-expected US data, and broke below the 1.3250/55 support area to hit a 5-day trough of 1.3233 in recent dealings.
EUR/USD levels
At time of writing, EUR/USD is trading at the 1.3240 zone, where it records a 0.2% loss on the day. In terms of technical levels, next supports could be found at 1.3210 (Jul 11 low) and 1.3200 (psychological level), while resistances are seen at 1.3300(psychological level) and 1.3325 (Jun 18 low).