FXstreet.com (Barcelona) - Plunging by about 350 pips on Friday seems not to have been enough correction for the EUR/USD. After a weekly close at 1.3290, the Euro has dropped further on Asian trading hours. Despite a shy attempt to recovery, EUR/USD has reached levels right below 1.3200 on late Asian session..
The Euro trades above potential support level at 1.3055/60 intraday level, and below there, next support level could lie at 1.3070 (Mar 16 high), below here, next support could come at 1.3000 psychological level.
On the upside, the Euro could find resistance at 1.3245/50 intraday level, and once above here, the Euro intra-day high remains at 1.3285, then, the Euro could explore the path towards 1.3340 and 1.3365 intraday levels.
EUR/GBP has appreciated during Asian session, after Friday's decline from 0.9420 high, to 0.9250, the Euro has risen in Asian session to levels around 0.9330.