EUR/USD buoyant on 1.36 handle

FXstreet.com (London) - ="">EUR/USD is consolidating around the 1.36 handle after climbing nearly 0.5% from the open.

Strategists at TD Securities noted that with little on the calendar today the overall neutral theme should continue in the very near term, but with a slew of data in the balance of the week and the rong>ECB on Thursday there are plenty of opportunities for stronger directional moves in the coming days…”For EUR/USD, last week’s range marked roughly by 1.3500 and 1.3620 remains intact for now”.

EUR/USD Levels

The 20 DMA is 1.3499, the 50 DMA is 1.3564 and the 200 DMA is 1.3229. RSI (14) levels 72.43. Supports are ascending from 1.3463, 1.3490, 1.3509, 1.3521, 1.3536, 1.3561 and 1.3578. Spot is 1.3600 with resistances coming in at 1.3622 and 1.3688

US markets in red on profit taking, Detroit

Equities in the US trading floor are sharply lower on Tuesday, with the Dow posting a triple-digit drop as market participants rush to cash up recent gains...
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