Back
3 Apr 2014
EUR/USD's bounce capped at 1.3720
FXStreet (San Francisco) - The Euro contained the downside against the US Dollar at the 1.3700 area as the EUR/USD bounced at this level to trade back at 1.3720; however the recovery wasn't strong enough and the pair is now pricing at 1.3715.
Currently, EUR/USD is trading at 1.3715, down 0.35% on the day, having posted a daily high at 1.3807 and low at 1.3698. EUR/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
RSI is in neutral territory at 44.74, up from its last hourly close at 32.41, while ADX is ranging above 30 at 13.67, down from 25.64 at the last hourly close.
EUR/USD levels
If the pair holds the 1.3700 level, it would face resistances at 1.3730 (Monthly Low), 1.3741 (Weekly Low), 1.3742 (Hourly 20
EMA) and 1.3753 (Yesterday's Low). On the downside, supports can be found at 1.3698 (Daily Low), 1.3683 (Daily 100 SMA), 1.3678 and 1.3645.
Currently, EUR/USD is trading at 1.3715, down 0.35% on the day, having posted a daily high at 1.3807 and low at 1.3698. EUR/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
RSI is in neutral territory at 44.74, up from its last hourly close at 32.41, while ADX is ranging above 30 at 13.67, down from 25.64 at the last hourly close.
EUR/USD levels
If the pair holds the 1.3700 level, it would face resistances at 1.3730 (Monthly Low), 1.3741 (Weekly Low), 1.3742 (Hourly 20
EMA) and 1.3753 (Yesterday's Low). On the downside, supports can be found at 1.3698 (Daily Low), 1.3683 (Daily 100 SMA), 1.3678 and 1.3645.