FXstreet.com (Barcelona) - The Euro has lost in European session most of the ground taken during Asian session, and trades below 1.3525 support level, on its way towards 1.3475.
In case of decline below 1.3475, next support level could come at 1.3450, and then 1.3415. On the upside, bullish reaction above 1.3515, could open the doors to a re-test of the 1.3580 (Mar 27 high), and once past that level, 1.3635 (Mar 26 high) level could be eyed.
According to the Swiss e Trade Strategy Team, lower levels could be testrd today before a moving further up: After attempting to test the 1.3600 resistance in Asian trading, the pair fell back in European morning trading and is currently priced at 1.3530. We expect lower levels to be reached today, probably testing the 1.3450 support level, before another upmove can set in.