Back
7 Jan 2014
EUR/USD gains big on 1.36 handle
FXstreet.com (Guatemala) - EUR/USD has made a u-turn and is testing the upside on 1.36 handle, scoring a high of 1.3657.
The strategists at TD Securities said, “For today, there is little to note on the calendar, although the short term charts suggest the potential of squeeze higher toward 1.3700/20. That would be selling opportunity in our view”.
EUR/USD Levels
The 20 DMA is 1.3713, the 50 DMA is 1.3612 and the 200 DMA is 1.3321. RSI (14) reads 41.49. Supports are 1.3490, 1.3525, 1.3572, 1.3593. Spot is 1.3635 with resistances at 1.3653 1.3680, 1.3729 and 1.3743.
The strategists at TD Securities said, “For today, there is little to note on the calendar, although the short term charts suggest the potential of squeeze higher toward 1.3700/20. That would be selling opportunity in our view”.
EUR/USD Levels
The 20 DMA is 1.3713, the 50 DMA is 1.3612 and the 200 DMA is 1.3321. RSI (14) reads 41.49. Supports are 1.3490, 1.3525, 1.3572, 1.3593. Spot is 1.3635 with resistances at 1.3653 1.3680, 1.3729 and 1.3743.