FXstreet.com (Córdoba) - The Euro is pulling back against the Dollar after reaching at 1.5095 the highest price in 15 months. EUR/USD fell to 1.5038 and currently trades at 1.5049/52, 0.55% above today's opening price. Immediate resistance could be located at 1.5020 and below at 1.5005 and 1.4980. To the upside, resistance lies at 1.5095/1.5100 and above at 1.5150.
The ecPulse.com analysis team affirms: The euro versus the dollar was able to breach the pivotal resistance at 1.5000 and head to the upside. We require the daily close to remain above this level to support the bullish direction more adequately.