Back
27 Mar 2014
EUR/USD holds above 1.3750
FXStreet (San Francisco) - The Euro is quietly trading sideways in between 1.3750 and 1.3770 against the US Dollar in the American session.
After declining from 1.3795 to reach lowest level since March 6th at 1.3740 overnight, the EUR/USD has been trading in consolidation mode inside the mentioned small range.
The EUR/USD is currently trading at 1.3767, 0.08% negative on the day. The short term perspective is, however, strongly bullish according to the FXStreet's trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is neutral.
EUR/USD levels
If the pair breaks down the range, next supports would be 1.3720 (low Mar.6) en route to 1.3707 (low Mar.5). On the flip side, the initial hurdle aligns at 1.3825 (21-d MA) followed by 1.3827 (high Mar.26) and finally 1.3848 (high Mar.25).
After declining from 1.3795 to reach lowest level since March 6th at 1.3740 overnight, the EUR/USD has been trading in consolidation mode inside the mentioned small range.
The EUR/USD is currently trading at 1.3767, 0.08% negative on the day. The short term perspective is, however, strongly bullish according to the FXStreet's trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is neutral.
EUR/USD levels
If the pair breaks down the range, next supports would be 1.3720 (low Mar.6) en route to 1.3707 (low Mar.5). On the flip side, the initial hurdle aligns at 1.3825 (21-d MA) followed by 1.3827 (high Mar.26) and finally 1.3848 (high Mar.25).