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16 Jul 2013
EUR/USD rises above 1.3150
FXstreet.com (Córdoba) - The EUR/USD pushed through 1.3150 and printed a fresh daily high during the American session as the dollar continues giving up ground across the board.
After a short-lived dip toward 1.3052, EUR/USD resumed the upside and it has been slowly edging higher ever since, although momentum hasn't been strong enough to decisively break above the 1.3150 area.
EUR/USD downside contained
EUR/USD recently peaked at 1.3152, and it is currently trading around 1.3145, where it records a 0.6% gain on Tuesday. Form a technical perspective, Valeria Bednarik, chief analyst at FXstreet.com notes that downside remains limited, while she sees next resistances at 1.3185 and 1.3205 and supports at 1.3055, 1.3030 and 1.3000.
After a short-lived dip toward 1.3052, EUR/USD resumed the upside and it has been slowly edging higher ever since, although momentum hasn't been strong enough to decisively break above the 1.3150 area.
EUR/USD downside contained
EUR/USD recently peaked at 1.3152, and it is currently trading around 1.3145, where it records a 0.6% gain on Tuesday. Form a technical perspective, Valeria Bednarik, chief analyst at FXstreet.com notes that downside remains limited, while she sees next resistances at 1.3185 and 1.3205 and supports at 1.3055, 1.3030 and 1.3000.