26 Mar 2014
EUR/USD unable to recover the 1.3800 level
FXStreet (San Francisco) - The Euro is quiet trading below 1.3800 against the US Dollar and currently it seems to be unable to regain that level as technical charts turned neutral in the short term.
The EUR/USD is currently trading at 1.3790, 0.25% negative on the day. The short term perspective remains slightly bullish according to the FXStreet's trend index in the 15-minute chart. CCI and Momentum are pointing to the north while the Stochastic and the MACD are neutral.
EUR/USD sentiment
"Buyers are still waiting around 1.3750 in case of further dips, with the pair mostly confined to range until next week ECB meeting," commented FXStreet chief analyst Valeria Bednarik in a recent report. Next resistances are 1.3800, 1.3820 and 1.3845; supports are at 1.3780, 1.3770 and 1.3750.
The EUR/USD is currently trading at 1.3790, 0.25% negative on the day. The short term perspective remains slightly bullish according to the FXStreet's trend index in the 15-minute chart. CCI and Momentum are pointing to the north while the Stochastic and the MACD are neutral.
EUR/USD sentiment
"Buyers are still waiting around 1.3750 in case of further dips, with the pair mostly confined to range until next week ECB meeting," commented FXStreet chief analyst Valeria Bednarik in a recent report. Next resistances are 1.3800, 1.3820 and 1.3845; supports are at 1.3780, 1.3770 and 1.3750.