10 Apr 2014
EUR/USD eyes 1.39 psychological handle
FXStreet (Guatemala) - EUR/USD is trading at 1.3852, down -0.01% on the day, having posted a daily high at 1.3860 and low at 1.3850.
EUR/USD is flirting in the 1.38 ranges while 1.39 comes as the next obvious psychological level. The dollar has had a terrible run on a day that the FOMC delivered dovish minutes and back tracking on a number of Fed officials and their previous hawkish comments.
Daily RSI in neutral territory
Looking to momentum indicators, the hourly 200 SMA is currently at 1.3790, up from the last close at 1.3763 and climbing.
EUR/USD Levels
With spot trading at 1.3853, we can see next resistance ahead at 1.3855 (Daily Open), 1.3855 (Weekly High), 1.3859 (Daily Classic R2), 1.3860 (Daily High) and 1.3863 (Yesterday's High). Support below can be found at 1.3850 (Daily Low), 1.3828 (Daily Classic R1), 1.3823 (Hourly 20 EMA), 1.3793 (Weekly Classic R1) and 1.3782 (Daily Classic PP).
EUR/USD is flirting in the 1.38 ranges while 1.39 comes as the next obvious psychological level. The dollar has had a terrible run on a day that the FOMC delivered dovish minutes and back tracking on a number of Fed officials and their previous hawkish comments.
Daily RSI in neutral territory
Looking to momentum indicators, the hourly 200 SMA is currently at 1.3790, up from the last close at 1.3763 and climbing.
EUR/USD Levels
With spot trading at 1.3853, we can see next resistance ahead at 1.3855 (Daily Open), 1.3855 (Weekly High), 1.3859 (Daily Classic R2), 1.3860 (Daily High) and 1.3863 (Yesterday's High). Support below can be found at 1.3850 (Daily Low), 1.3828 (Daily Classic R1), 1.3823 (Hourly 20 EMA), 1.3793 (Weekly Classic R1) and 1.3782 (Daily Classic PP).