9 Jul 2014
EUR/USD bounces at 1.3600 and trades back at 1.3625
FXStreet (San Francisco) - The Euro found buying interest at the 1.3600 area against the US Dollar and after a short period of consolidation, the EUR/USD rose to trade above the 200-hour MA at 1.3615.
Currently, EUR/USD is trading at 1.3621, up 0.06% on the day, having posted a daily high at 1.3631 and low at 1.3602. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.
EUR/USD levels
If the pair manages to sustain levels above 200-hour at 1.3615, the pair would face resistances at 1.3630 and 1.3650. On the downside, supports are at 1.3600, 1.3590 and 1.3575.
Currently, EUR/USD is trading at 1.3621, up 0.06% on the day, having posted a daily high at 1.3631 and low at 1.3602. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.
EUR/USD levels
If the pair manages to sustain levels above 200-hour at 1.3615, the pair would face resistances at 1.3630 and 1.3650. On the downside, supports are at 1.3600, 1.3590 and 1.3575.