FXstreet.com (Barcelona) - The Euro is picking up strength and after bouncing at 1.3220 has broken above the upper side of the flat trading range, at 1.3300 reaching levels around 1.3320 at the moment of writing; 0.75% above its opening price.

On the upside, the Euro could find resistance at at 1.3300 and above there, 13325/30 and 1.3385 (Apr 30 high). On the downside, next support lies at 1.3210/20 and below there 1.3190 (Apr 30 low) and 1.3160/65.

EUR/JPY rally from 124.36 loww on April 28 has extended above 132.00 and the Euro has reached a fresh two-week high at 132.40. Resistance levels stand at 132.45 and 132.60/85. On the downside, below 132.00, next support levels come at 129.75 and 128.95.

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