10 Feb 2015
EUR/USD wavers around 1.1300
FXStreet (Córdoba) - EUR/USD managed to recover from below 1.1300 during the American session and erased intraday losses amid reports of a compromise plan for Greece.
The pair had bottomed out at 1.1272 but jumped to the 1.1335 area on the news. However, the euro lacked follow through and settled around the 1.13 mark, where it has spent the last hours. At time of writing, EUR/USD is trading at 1.1320, virtually unchanged on the day.
EUR/USD levels to watch
As for technical levels, immediate resistances are seen at 1.1345 (Asian session high), 1.1362 (200-hour SMA) and 1.1400 (psychological level). On the flip side, supports could be
The pair had bottomed out at 1.1272 but jumped to the 1.1335 area on the news. However, the euro lacked follow through and settled around the 1.13 mark, where it has spent the last hours. At time of writing, EUR/USD is trading at 1.1320, virtually unchanged on the day.
EUR/USD levels to watch
As for technical levels, immediate resistances are seen at 1.1345 (Asian session high), 1.1362 (200-hour SMA) and 1.1400 (psychological level). On the flip side, supports could be