FXstreet.com (Barcelona) - The Euro has bounced up on the moments immediate after the ECB released its decision to trim Refi Rate by 25 bp to 1.25%. EUR/USD has bounced from levels around 1.3325 reaching above resistance level at 1.3365, and advancing on its way to 1.3415 (Mar 25 low).

On the upside, above 1.3415, next resistance levels could stand at 1.3445, and once past this level 1.34 90 (Mar 26 low). In case of a downside reaction below 1.3365, support levels come at 1.3340 (Mar 31 high) and 1.3311 (today's previous high) below here, 1.3240/450 and 1.3111 (Mar 30 low).