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20 Jun 2013
EUR/USD's recovery capped at 1.3240
FXstreet.com (San Francisco) - After bouncing at 1.3160, the EUR/USD was attempting to recover ground but the movement has been rejected at 1.3240. Currently the pair is trading at 1.3215.
The pair is 0.55% negative on the day; however the short term perspective remains slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.
On the downside, immediate supports are seen at 1.3160 (daily low) and 1.3150 (21-day SMA), while on the upside, resistances could be found at 1.3225 (intraday level) and 1.3300 (daily high).
The pair is 0.55% negative on the day; however the short term perspective remains slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.
On the downside, immediate supports are seen at 1.3160 (daily low) and 1.3150 (21-day SMA), while on the upside, resistances could be found at 1.3225 (intraday level) and 1.3300 (daily high).