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12 Aug 2013
EUR/USD back above 1.3300 after quick drop
FXstreet.com (Córdoba) - The US dollar received a mild short-lived boost during the American afternoon, dragging EUR/USD briefly below the 1.3300 level.
EUR/USD dropped to the 1.3290 area but found support and bounced before reaching daily lows, which lie at the 1.3275 area. At time of writing, EUR/USD is trading around 1.3310 where it is a few pips below its opening price, having lost nearly 100 pips since within the last 2 trading days.
EUR/USD technical levels
In terms of technical levels, EUR/USD could find immediate supports at 1.3275 (daily low) and 1.3245 (Aug 6 low), while resistances could be found at 1.3330 (100-hour SMA) and 1.3370 (Aug 8 high).
EUR/USD dropped to the 1.3290 area but found support and bounced before reaching daily lows, which lie at the 1.3275 area. At time of writing, EUR/USD is trading around 1.3310 where it is a few pips below its opening price, having lost nearly 100 pips since within the last 2 trading days.
EUR/USD technical levels
In terms of technical levels, EUR/USD could find immediate supports at 1.3275 (daily low) and 1.3245 (Aug 6 low), while resistances could be found at 1.3330 (100-hour SMA) and 1.3370 (Aug 8 high).