FXstreet.com (Córdoba) - The Dollar gained strength in the last minutes against European currencies. EUR/USD was moving in a range between 1.5100 and 1.5065 and a few minutes ago the pair broke below and fell to 1.5040 reaching a fresh intra-day low. If the pair falls further the Euro could find support at 1.5000 and below at 1.4970 (Dec 1 low).
The FastBrokers Research Team affirms: EUR/USD has created some space between present price and the psychological 1.50 level. The currency pair has cleared October highs once again and could take a shot at November highs. (…) As for the downside, the EUR/USD has multiple uptrend lines serving as technical cushions along with intraday lows and the psychological 1.50 level.