FXstreet.com (Barcelona) - Despite having lost some ground at the Asian session opening times, the pair has reached a low at 1.2835, the Euro has been able to pick up and rise towards Mar 13 high at 1.2957.

At the moment the pair is struggling with minor resistance at 1.2935/40 on its way to 1.2957 two-week high). If that level gives the Euro will find next resistance level at 1.2992 (Feb 23 high); above there, 1.3040 (10 day SMA), and 1.3074 (Mar 10 high).

On the downside, next support comes at 1.2970, and once below there, intra-day low at 1.2835, and 1.2822 (Mar 10 high). If the Euro breaks below that level next support comes at 1.2735/50.