FXstreet.com (Barcelona) - Decline from yesterday's high at 1.3343 seems to have set a strong enough support level at 1.3170, and the pair is about to explore higher levels, testing 1.3220/35 resistance level.

In case of successful appreciation, the Euro could find resistance around 1.3270, and above here, 1.3300 level would open the doors for yesterday high at 1.3343. On the downside, below 1.3170, next support comes at Mar 30 low at 1.3115.

According to the Swiss e Trade Strategy Team, if the Euro holds above current levels we could see further rally: The pair lost further ground in early European trading, right now priced at 1.3200, in oversold condition and near support at 1.3150. We expect that level to hold in today's trading and see upmoves setting in to prices around 1.3300.