EUR/USD retraces to 1.3875

FXStreet (San Francisco) - After peaking to nearly 3-week highs around 1.3890, the EUR/USD retraced to 1.3875 where the pair founded support.

Currently, EUR/USD is trading at 1.3878, up 0.09% on the day, having posted a daily high at 1.3890 and low at 1.3863. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is strongly bullish.

EUR/USD levels

Above the 1.3875, the EUR/USD would face resistances at 1.3890 and 1.3905. On the downside, supports are at 1.3865, 1.3855 and 1.3845.

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