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17 Mar 2014
EUR/USD jumps to 1.3945 on American opening
FXStreet (San Francisco) - The EUR/USD is enjoying the pro-risk environment in the American opening with the pair jumping around 60 pips from 1.3885 to recover the 1.3900 level and to trade at daily highs around 1.3945.
The euro versus Dollar exchange rate is currently at 1.3935, 0.15% positive on the day. The short term perspective is slightly 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 level
If the pair remains above the 1.3940 (high Mar.14), the EUR/USD would find resistances at 1.3967 (2014 high Mar.13) and 1.4000. On the downside, supports are at 1.3852 (10-d MA) followed by 1.3848 (low Mar.14) and then 1.3843 (low Mar.12).
The euro versus Dollar exchange rate is currently at 1.3935, 0.15% positive on the day. The short term perspective is slightly 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 level
If the pair remains above the 1.3940 (high Mar.14), the EUR/USD would find resistances at 1.3967 (2014 high Mar.13) and 1.4000. On the downside, supports are at 1.3852 (10-d MA) followed by 1.3848 (low Mar.14) and then 1.3843 (low Mar.12).