FXstreet.com (Buenos Aires) - EUR/USD Current price: 1.4374. By the end of American session and with volume still thin, DJIA managed to close the day slightly positive still at the highest close since October 2008, favoring a late dollar recovery that will likely extend to regional stocks markets.
Hourly charts show the pair losing upside momentum and turning lower after breaking under the 20 flat SMA. 4 hours charts show indicators exhausted to the upside, favoring also a slightly bearish perspective for next hours, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.4350 1.4320 1.4280. Resistance levels: 1.4420 1.4460 1.4485.