FXstreet.com (Barcelona) - The Euro has crossed 1.3300 level, extending its rally from 1.3190 yesterday, the Euro advances on a firm pace ahead of the ECB monetary policy meeting.
On its way up the Euro might find resistance at 1.3340 (Mar 31 high) and above there, 1.3365 and and 1.3415 (Mar 25 low). On the downside, below 1.3300, next support could come at 1.3240 and below here, .3190 and 1.3165 (Apr 1 low).
Carol harmer, technical analyst at Charmer Charts adverts about the 1.3385 area: : Buyers would then take control and lead the market higher with 1.3381/85 then looking to entice. This resistance combines with the short term 50% fib retracement level, so would not expect this to break without a struggle. Sellers will be out in force to keep the market below here and overall push the market lower.