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28 Aug 2013
EUR/USD finds support at 1.3300
FXstreet.com (San Francisco) - After falling hard from 1.3370 following the BoE's Carney speech and winds of war from Syria, the EUR/USD has finally found support at the 1.3300 area with the pair bouncing back to trade at 1.3330.
Currently, it is trading around 1.3325, 0.50% negative on the day. Short term perspective remains slightly bearish according to the FXstreet.com trend index in the 1-hour chart. Indicators such as MACD, CCI and Momentum are pointing to the south while the Stochastic is neutral.
EUR/USD eyes key support
Immediate supports at 1.3300 (psychological level) and 1.3280 (Aug 14 high). IN the upside, resistances are at 1.3365, 1.3400 and 1.3450.
Currently, it is trading around 1.3325, 0.50% negative on the day. Short term perspective remains slightly bearish according to the FXstreet.com trend index in the 1-hour chart. Indicators such as MACD, CCI and Momentum are pointing to the south while the Stochastic is neutral.
EUR/USD eyes key support
Immediate supports at 1.3300 (psychological level) and 1.3280 (Aug 14 high). IN the upside, resistances are at 1.3365, 1.3400 and 1.3450.