FXstreet.com (Barcelona) - After it falls around 300 pips since the European session's beginning, from the 1.3581 to 1.3264, fresh intra-week low, the EUR/USD has fallen below the 1.3300 level. Currently, the pair is trading around the 1.3580/90 band.
Last days, the EUR/USD was traded in the highest levels in two months, between the 1.3480/1.3680. Today, the pair has fallen 1.76% from the 1.3527.
According to Valeria Bednarik, FXstreet.com collaborator, The Dollar is bullish across the board: Bullish dollar momentum across the board, send Euro under 1.3300. Hourly indicators seem exhausted, but no signs of corrective reversion for this rally. Price breaks even under the 200 EMA, and bigger charts suggest further losses for the pair after a corrective movement.
Bednarik provides us with her levels: Support levels: 1.3280 1.3236 1.3200. Resistance levels: 1.3340 1.3387 1.3420