Forex: EUR/USD: The Euro strengthens ahead of European opening; testing 1.3300/10

By @ibtimes on

FXstreet.com (Barcelona) - The Euro, which had been moving sideways for the whole Asian trading session seems to be building up strength to test resistance level at 1.3300/10 ahead of the European session opening.

If the Euro rises above 1.3300/10, next resistance level stands at 1.3340 (Mar 31 high) and above here, 1.3365 and 1.3415 (Mar 25 low).

On the downside, 1.3240/50 has been acting as support in the last hours, and below there, 1.3190 and 1.3165 (Apr 1 low).

EUR/JPY has appreciated from 130.10 low on early U.S. session yesterday to reach to test 131.35 on its way to yesterday's high at 131.90.

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