7 Apr 2014
EUR/USD hovering around 1.3700
FXStreet (Córdoba) - The EUR/USD started the week trading at the same price level it closed on Friday and continues to move around 1.3700. Price peaked so far at 1.3704 and bottomed at 1.3695 on a quiet session.
Last week the Euro suffered the third weekly loss in a row, extending the retreated after approaching 1.40 during March.
Levels to watch for the EUR/USD
To the upside resistance levels might lie at 1.3720 and above at 1.3750 (April 2 low) and 1.3770. To the downside support levels could be located at 1.3680 (daily ascendant trendline) and 1.3660 (February 26 low).
Last week the Euro suffered the third weekly loss in a row, extending the retreated after approaching 1.40 during March.
Levels to watch for the EUR/USD
To the upside resistance levels might lie at 1.3720 and above at 1.3750 (April 2 low) and 1.3770. To the downside support levels could be located at 1.3680 (daily ascendant trendline) and 1.3660 (February 26 low).