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12 Mar 2014
EUR/USD rejected by 1.3900; for now
FXStreet (San Francisco) - The Euro traded higher against the Dollar in the European session but after jumping around 60 pips to test intra-week high at 1.3905, the EUR/USD was rejected by this level to price at 1.3880 in the early American morning.
The EUR/USD is currently trading at 1.3890, 0.21% positive on the day. The short term perspective is strongly bullish according to the FXStreet trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.
EUR/USD levels
The EUR/USD would face resistances at 1.3900, 1.3915 and 1.4000. On the downside, supports are at 1.3875, 1.3860 and 1.3840.
The EUR/USD is currently trading at 1.3890, 0.21% positive on the day. The short term perspective is strongly bullish according to the FXStreet trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.
EUR/USD levels
The EUR/USD would face resistances at 1.3900, 1.3915 and 1.4000. On the downside, supports are at 1.3875, 1.3860 and 1.3840.