FXstreet.com (Barcelona) - The Euro, which had gained more than 100 pips from 1.3415 reaching a maximum level around 1.3530, has turned down to test 1.3495 support level which, so far remains unbroken. At the moment of writing the Euro remains between exponential moving averages in the hourly charts.
On the upside, if the Euro manages to keep 1.3500 under its feet, the Swiss e Trade Strategy Team advances an attempt to test 1.3550: We expect up movements in the pair today, testing the 1.3550 resistance area.
On the downside, too negative U.S. Durable goods orders and/or U.S. new home sales could trigger risk aversion and bring the Euro to lower levels, in which case, 1.3415 intra-dauy low could be on sight again.