30 Jul 2013
EUR/USD crosses over into positive territory
FXstreet.com (New York) - The EUR/USD foreign exchange rate once again shifted its course Tuesday, navigating the threshold between positive and negative territory in these moments.
At the time of writing, the EUR/USD has managed to move up towards the 1.3261 level, notching a tepid ascension of +0.01% during the afternoon of US trading. Technically speaking, supportive means will activate for the EUR/USD at 1.3237, ahead of 1.3223, and finally 1.3208. On the climb, resistances will attempt to hold the pair at 1.3272, onto 1.3297, calculates the Danske Research Team.
EUR/USD strategic bias
According to the Technical Analyst Team at ICN.com, “The EUR/USD moved to the upside touching above 1.3275 levels supporting positivity. The upside move might extend if the pair didn’t stabilize again below 1.3275. Stochastic is showing a positive crossover and RSI rebounded to the upside from levels close to line 50 supporting our expectations.”
At the time of writing, the EUR/USD has managed to move up towards the 1.3261 level, notching a tepid ascension of +0.01% during the afternoon of US trading. Technically speaking, supportive means will activate for the EUR/USD at 1.3237, ahead of 1.3223, and finally 1.3208. On the climb, resistances will attempt to hold the pair at 1.3272, onto 1.3297, calculates the Danske Research Team.
EUR/USD strategic bias
According to the Technical Analyst Team at ICN.com, “The EUR/USD moved to the upside touching above 1.3275 levels supporting positivity. The upside move might extend if the pair didn’t stabilize again below 1.3275. Stochastic is showing a positive crossover and RSI rebounded to the upside from levels close to line 50 supporting our expectations.”