FXstreet.com (Barcelona) - The EUR/USD is back above the 1.3330 level with sight on the 1.3738 region.

With EUR reversing its previous week gains and breaking back below the 1.3330 level, its Jan 27'09 high/former range top into its broader consolidation range(between 1.3330 & 1.2330 levels)again, risk has increased for further declines towards its key support at the 1.3113 level, its Mar 30'09 low, said Mohammed Isah, technical strategist at FXTechstrategy.

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