13 Dec 2013
EUR/USD finishing up on the lows
FXstreet.com (London) - EUR/USD is entering the closing hours down on the week marking a low of 1.3709 and oscillating currently at 1.3734 on a slow end to the session.
Strategists at TD Securities “The bigger issue for EUR/USD in the coming days though will be talk about the potential for Fed tapering, which a considerable portion of participants believe could come as soon as next week”.
EUR/USD Levels
The 20 DMA is 1.3601, the 50 DMA is 1.3591 and the 200 DMA is 1.3255. RSI (14) reads 68.01. Supports are ascending from 1.3677, 1.3695, 1.3719, 1.3734, 1.3746, 1.3780, 1.3818, 1.3833 and 1.3871.
Strategists at TD Securities “The bigger issue for EUR/USD in the coming days though will be talk about the potential for Fed tapering, which a considerable portion of participants believe could come as soon as next week”.
EUR/USD Levels
The 20 DMA is 1.3601, the 50 DMA is 1.3591 and the 200 DMA is 1.3255. RSI (14) reads 68.01. Supports are ascending from 1.3677, 1.3695, 1.3719, 1.3734, 1.3746, 1.3780, 1.3818, 1.3833 and 1.3871.