24 Mar 2014
EUR/USD finds support at 1.3760 and trades at 1.3785
FXStreet (San Francisco) - The EUR/USD found some support at 1.3760 against the US Dollar as the pair traded in consolidation mode around this level and now it’s attempting to price higher at 1.3785.
The EUR/USD is now 0.17% negative on the day around 1.3770. The short term perspective is slightly bullish according to the FXStreet trend index in the 15-minute chart. CCI and momentum are pointing to the north while the MACD and Stochastic are neutral.
EUR/USD sentiment
"EUR/USD opens the US session under some modest pressure, eyeing important support in the 1.3745/50 area," comments Jamie Coleman from FXBeat. "Further support is seen toward 1.3720/25."
With sellers seen now on rallies to 1.3785/90, the EUR/USD would face resistances at 1.3800, 1.3810 and 1.3825. On the other side, supports are now at 1.3760, 1.3750 and 1.3720.
The EUR/USD is now 0.17% negative on the day around 1.3770. The short term perspective is slightly bullish according to the FXStreet trend index in the 15-minute chart. CCI and momentum are pointing to the north while the MACD and Stochastic are neutral.
EUR/USD sentiment
"EUR/USD opens the US session under some modest pressure, eyeing important support in the 1.3745/50 area," comments Jamie Coleman from FXBeat. "Further support is seen toward 1.3720/25."
With sellers seen now on rallies to 1.3785/90, the EUR/USD would face resistances at 1.3800, 1.3810 and 1.3825. On the other side, supports are now at 1.3760, 1.3750 and 1.3720.