EURO (EUR), Daily Review, Feb 9 2010

  on

The Euro remained unchanged versus the Dollar and gained versus the Pound as investor's sentiment remained weak and no major economic data was released. Overall, EUR/USD traded with a low of 1.3621 and a high of 1.3714. EUR/USD is oversold according to the RSI indicator, but MACD shows a correction back up in the near term is possible. Today, German Final CPI is expected unchanged with -0.6%.

EUR/USD - Last: 1.3645

Resistance

1.3720

1.3770

1.3850

Support

1.3590

1.3530

1.3445

width=450

Join the Discussion