Forex: Euro/USD: Euro at session high above 1.4245 after German GDP

By @ibtimes on

FXstreet.com (Barcelona) - The Euro has risen further after better than expected German GDP data, and the pair has broken 1.4245 resistance area (previous session high) to reach levels at 1.4265 at the time of writing.

The Euro struggles now at 1.4265 (50% Fib of the Friday- Wednesday low), and above here, 1.4325 (Aug 6 low) and 1.4360.On the downside, support levels lie at 1.4180, and below there, 1.4150 and 1.4120.

EUR/GBP has continued advancing from 0.8480 low on Monday, reaching levels above 0.8600 ahead of the European session opening. Resistance levels are 0.8635 and 0.8670. Support levels lie at 0.8600 and 0.8535.

.

Join the Discussion