11 Jul 2014
EUR/USD ends week around 1.3600
FXStreet (Córdoba) - The EUR/USD rose back above 1.3600 but remains quiet as the rest of the currency market. The pair recovered after falling to 1.3590 where it found support.
The pair is consolidating marginal weekly gains as it trades 15 pips above last week closing price. The pair moved in a small trading range during the week, bottomed on Monday at 1.3574, then bounced to the upside and yesterday peaked at 1.3649, but afterward turned sharply to the downside.
EUR/USD levels to consider
To the upside, immediate resistance lies at 1.3610 and above here at 1.3650 (July 9, 10 high) followed by 1.3670 and 1.3700. To the downside, immediate support could be located at 1.3590 and below at 1.3575/80, followed by 1.3550.
The pair is consolidating marginal weekly gains as it trades 15 pips above last week closing price. The pair moved in a small trading range during the week, bottomed on Monday at 1.3574, then bounced to the upside and yesterday peaked at 1.3649, but afterward turned sharply to the downside.
EUR/USD levels to consider
To the upside, immediate resistance lies at 1.3610 and above here at 1.3650 (July 9, 10 high) followed by 1.3670 and 1.3700. To the downside, immediate support could be located at 1.3590 and below at 1.3575/80, followed by 1.3550.