FXstreet.com (Barcelona) - The Euro has reached levels below the 1.3290 support level, hitting intra-day low at 1.3271, giving away gains reached during Asian session.
Below 1.3300/1.3290 support level, next support lies at 1.3265 and then 1.3210. On the upside, in case of return above 1.3300, next resistance level lies at today's high 1.3345, and above there, 1.3385 (April 30 high) and 1.3425.
According to Tim Salem, collaborator at FXstreet.com, below 1.3202 bearish momentum could increase: Corrective-Risk to the Downside sees 1.3227 Dynamic Support, followed by the 1.3202 Handle where Bearish Momentum will be re-gained for 1.3177 and Hourly Confluence of the 200SMA and Daily Static Support of 1.3152.
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