2 Jul 2013
EUR/USD slips to lows sub-1.3000
FXstreet.com (Córdoba) - The EUR/USD saw a quick dip to fresh lows as USD buying intensified with US traders joining in the market.
EUR/USD broke below previous daily lows and peeped below the 1.3000 mark to hit a trough of 1.2999 so far. At time of writing, EUR/USD is trading at the 1.3005 area, where it records a 0.4% loss on the day.
EUR/USD levels
As for technical levels, if EUR/USD falls below 1.3000, immediate supports could be found at 1.2990 (Jun 28 low) and 1.2955 (Jun 3 low). On the upside, next resistances could be faced at 1.3035 (100-hour SMA) and 1.3075 (daily highs).
EUR/USD broke below previous daily lows and peeped below the 1.3000 mark to hit a trough of 1.2999 so far. At time of writing, EUR/USD is trading at the 1.3005 area, where it records a 0.4% loss on the day.
EUR/USD levels
As for technical levels, if EUR/USD falls below 1.3000, immediate supports could be found at 1.2990 (Jun 28 low) and 1.2955 (Jun 3 low). On the upside, next resistances could be faced at 1.3035 (100-hour SMA) and 1.3075 (daily highs).