10 Jan 2014
EUR/USD was a decisive rally
FXstreet.com (Guatemala) - EUR/USD has found little supply on the rally and has remained well bid with only a slight pull back from the highs to where it currently oscillates around 1.3665.
The morning had seen the EUR drift lower ahead of the cloud base at 1.3565, the100 dma at 1.3546 and the 61.8 retracement. There is a collection of old lows at 1.3525. EUR/USD meets supply at 1.3680 and 1.3729 could lend further resistance for the unit.
EUR/USD Levels
EUR/USD Levels The 20 DMA is 1.3688, the 50 DMA is 1.3607 and the 200 DMA is 1.3332. RSI (14) reads 41.28. Supports are ascending from 1.3490, 1.3525, 1.3543, 1.3579, 1.3610, 1.3640. Spot 1.3657, 1.3680 and 1.3729.
The morning had seen the EUR drift lower ahead of the cloud base at 1.3565, the100 dma at 1.3546 and the 61.8 retracement. There is a collection of old lows at 1.3525. EUR/USD meets supply at 1.3680 and 1.3729 could lend further resistance for the unit.
EUR/USD Levels
EUR/USD Levels The 20 DMA is 1.3688, the 50 DMA is 1.3607 and the 200 DMA is 1.3332. RSI (14) reads 41.28. Supports are ascending from 1.3490, 1.3525, 1.3543, 1.3579, 1.3610, 1.3640. Spot 1.3657, 1.3680 and 1.3729.