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27 Jan 2014
EUR/USD's bounce finds resistance at 1.3680
FXstreet.com (San Francisco) - The EUR/USD's bounce at 1.3650 was capped at 1.3680 where the pair has found resistance. Currently, the EUR/USD is trading quiet at 1.3665.
The Euro is almost flat on the day against the US Dollar with a strongly bearish perspective according to the FXStreet trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the south while the Stochastic is neutral.
EUR/USD levels
In terms of technical levels, the EUR/USD could find immediate resistances at 1.3680 (55-hour SMA), 1.3700 (psychological level) and 1.3716 (Jan 27 high). On the other hand, supports are seen at 1.3652 (Jan 27 low), 1.3640 (21-day SMA) and 1.3600 (psychological level).
The Euro is almost flat on the day against the US Dollar with a strongly bearish perspective according to the FXStreet trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the south while the Stochastic is neutral.
EUR/USD levels
In terms of technical levels, the EUR/USD could find immediate resistances at 1.3680 (55-hour SMA), 1.3700 (psychological level) and 1.3716 (Jan 27 high). On the other hand, supports are seen at 1.3652 (Jan 27 low), 1.3640 (21-day SMA) and 1.3600 (psychological level).