FXstreet.com (Barcelona) - After rejecting from 1.3495, one-week high, the EUR/USD has found support at 1.3390 to began to rise above 1.3460 level. Along the day, the pair has risen around 1.68%, from the opening price at 1.3241, to be traded above the 1.3460 level.
According to Valeria Bednarik, FXstreet.com collaborator, EUR/USD could correct the previous movement: Pair has quickly run up after the ECB suppressive cut of just 0.25%, and rebound exactly in a descendant trend line around 1.3495. With indicators over bought in the hourly, and volume decreasing after the spike, correction could extend to the downside under 1.3380, first support for today.
Bednarik provide us with her levels: Support levels: 1.3380 1.3345 1.3310. Resistance levels: 1.3430 1.3495 1.3520