20 Jun 2014
EUR/USD retreats with European stocks
FXStreet (Moscow) - EUR/USD retreated from 1.3633 on European open trading at 1.3610 at the moment.
Retreats, retreats
The pair is currently trading at 1.3612 retreating from recent highs with European stocks mixed open and with EURGBP reaching new lows around 0.7976. The further move down may be complicated with large interest of buyers around 1.36 and even more around 1.3585/90 rumored. However, the way higher is also not an easy task given the lack of economic data, and some sellers’ interest around 1.3640/50 area.
What are today’s key EUR/USD levels?
Today's central pivot point can be found at 1.3611, with support below at 1.3579, 1.3550 and 1.3518, with resistance above at 1.3640, 1.3672, and 1.3701. Hourly Moving Averages are bullish, with the 200SMA at 1.3561 and the daily 20EMA flat at 1.3609. Hourly RSI is bullish at 59.
Retreats, retreats
The pair is currently trading at 1.3612 retreating from recent highs with European stocks mixed open and with EURGBP reaching new lows around 0.7976. The further move down may be complicated with large interest of buyers around 1.36 and even more around 1.3585/90 rumored. However, the way higher is also not an easy task given the lack of economic data, and some sellers’ interest around 1.3640/50 area.
What are today’s key EUR/USD levels?
Today's central pivot point can be found at 1.3611, with support below at 1.3579, 1.3550 and 1.3518, with resistance above at 1.3640, 1.3672, and 1.3701. Hourly Moving Averages are bullish, with the 200SMA at 1.3561 and the daily 20EMA flat at 1.3609. Hourly RSI is bullish at 59.