The Euro rallied against majors. The pair is recovering after falling sharply during the last few weeks. The Euro is still under pressure but Greece said it hasn't requested a bailout from the European Union, renewing demand for the European currency. The German ZEW Economic Sentiment came out 45.1 better than expected 42.5. The near term uptrend run could be possible until 1.397 level. Overall, EUR/USD traded with a low of 1.3588 and with a high of 1.3779. Today, no important economic data is expected.

EUR/USD - Last: 1.3762

Resistance

1.3805

1.3840

1.3885

Support

1.3685

1.3645

1.3590

width=450