15 Jan 2014
EUR/USD finds support at 1.3580 and tests back 1.3600
FXstreet.com (San Francisco) - The Euro’s decline against the US dollar from 1.3645 found some support at 1.3580 and now the EUR/USD is testing back the 1.3600 area.
Currently, the EUR/USD is pricing at 1.3597, 0.59% negative on the day. The short term perspective remains slightly bearish according to the FXStreet trend index in the 15-minute chart. CCI and Momentum are pointing to the south while the MACD and Stochastic are neutral.
EUR/USD levels:
If the Dollar keeps its momentum and maintains the pair below the 1.3600 level, the EUR/USD would face supports at 1.3580 and 1.3565. On the upside, resistances are now at 1.3600, 1.3625 and 1.3645.
Currently, the EUR/USD is pricing at 1.3597, 0.59% negative on the day. The short term perspective remains slightly bearish according to the FXStreet trend index in the 15-minute chart. CCI and Momentum are pointing to the south while the MACD and Stochastic are neutral.
EUR/USD levels:
If the Dollar keeps its momentum and maintains the pair below the 1.3600 level, the EUR/USD would face supports at 1.3580 and 1.3565. On the upside, resistances are now at 1.3600, 1.3625 and 1.3645.