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22 Apr 2014
EUR/USD settles on bid into close
FXStreet (Guatemala) - EUR/USD is trading at 1.3804, up 0.09% on the day, having posted a daily high at 1.3826 and low at 1.3785.
After an unexplained drop from above 1.3820 onto 1.3790/87 area, the pair has found bids and kept its form across the generally bid tone of the European and US session on a quite calendar. Tomorrow will likely be drawing attentions with the key PMI releases from Europe and further housing data for the US.
Looking to a daily chart, we see that RSI is neutral at 48.87. The 200 SMA is currently at 1.3806, down from 1.3831 at the last period close, and declining on the hourly EUR/USD chart. Moving with a rangebound trend, the exponential average closing price is 1.3806.
EUR/USD Levels
Current price is 1.3805, with resistance ahead at 1.3806 (Daily 20 SMA), 1.3816 (Hourly 100 SMA), 1.3821 (Daily Classic R1), 1.3821 (Weekly High) and 1.3821 (Weekly Classic PP). Next support to the downside can be found at 1.3803 (Daily Classic PP), 1.3803 (Hourly 20 EMA), 1.3793 (Daily Open), 1.3793 (Weekly Low) and 1.3787 (Yesterday's Low).
After an unexplained drop from above 1.3820 onto 1.3790/87 area, the pair has found bids and kept its form across the generally bid tone of the European and US session on a quite calendar. Tomorrow will likely be drawing attentions with the key PMI releases from Europe and further housing data for the US.
Looking to a daily chart, we see that RSI is neutral at 48.87. The 200 SMA is currently at 1.3806, down from 1.3831 at the last period close, and declining on the hourly EUR/USD chart. Moving with a rangebound trend, the exponential average closing price is 1.3806.
EUR/USD Levels
Current price is 1.3805, with resistance ahead at 1.3806 (Daily 20 SMA), 1.3816 (Hourly 100 SMA), 1.3821 (Daily Classic R1), 1.3821 (Weekly High) and 1.3821 (Weekly Classic PP). Next support to the downside can be found at 1.3803 (Daily Classic PP), 1.3803 (Hourly 20 EMA), 1.3793 (Daily Open), 1.3793 (Weekly Low) and 1.3787 (Yesterday's Low).