10 Jun 2013
EUR/USD testing 1.3200 level
FXstreet.com (Barcelona) - The EUR/USD pair bounced off the 1.3185 level during US trading, having retraced back higher in recent moments.
Briefing the technicals, the pair is operating at a marginal +0.03% in these moments at 1.3197/99 Monday. “There is a strong resistance for the EUR/USD at 1.3342. A closing break above which would be positive over the longer-term, opening 1.3520 – support is at 1.3112 ahead of 1.3052.” recommends Gareth Berry, a Research Analyst at UBS.
1.3230 level in focus for EUR/USD
According to the Technical Analyst Team at ICN.com, “The EUR/USD pair dropped and remained limited above 1.3170, keeping the possibility of intraday general positivity for today and the rest of the week’s trading. The pair has to stabilize above 1.3230 to support the upside move outlook and cancel the effect of intraday overbought signals shown on the stochastic.
Briefing the technicals, the pair is operating at a marginal +0.03% in these moments at 1.3197/99 Monday. “There is a strong resistance for the EUR/USD at 1.3342. A closing break above which would be positive over the longer-term, opening 1.3520 – support is at 1.3112 ahead of 1.3052.” recommends Gareth Berry, a Research Analyst at UBS.
1.3230 level in focus for EUR/USD
According to the Technical Analyst Team at ICN.com, “The EUR/USD pair dropped and remained limited above 1.3170, keeping the possibility of intraday general positivity for today and the rest of the week’s trading. The pair has to stabilize above 1.3230 to support the upside move outlook and cancel the effect of intraday overbought signals shown on the stochastic.