FXstreet.com (Barcelona) - EUR/USD withdrawal from 1.2900 has found support at key resistance level 1.2750 to advance further gaining already 50 pips and testing resistance level at 1.2800.

If the Euro goes through 1.2800, the path towards resistance level at 1.2900 will be cleared and above there, next resistance level comes at 1.2950 and 1.3000. On the downside, below 1.2750 the focus would be on the 1.2700/20 area and if that level gives 1.2662, below this level EUR/USD momentum would change into bearish.