Euro (EUR)

The Euro continued to rise versus the Dollar after erasing earlier declines as French President Nicolas Sarkozy said European leaders would continue defending the currency union. The resistance of the EUR/USD on the daily chart is still 1.3780, as long as the rate is above the 10 moving average on the daily chart the euro is stronger and the momentum is bullish. Overall, EUR/USD traded with a low of 1.3636 and with a high of 1.3758. No major data expected today.

EUR/USD - Last: 1.3705

Resistance

1.3755

Support

1.3680

1.3630

1.3540

width=481