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22 May 2014
EUR/USD tests 1.3645 area again
FXStreet (San Francisco) - The Euro is testing the 1.3645 area again after completing a 40 pips bearish movement from 1.3685. However the EUR/USD just bounced back to 1.3655.
Currently, EUR/USD is trading at 1.3656, down -0.22% on the day, having posted a daily high at 1.3689 and low at 1.3647. EUR/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
EUR/USD levels
A break below the 1.3645 would open the door to the 1.3500 area. On the flip side, a breakout of 1.3688 (high May 22) would target 1.3705 (Tenkan Sen) en route to 1.3723 (high May 21).
Currently, EUR/USD is trading at 1.3656, down -0.22% on the day, having posted a daily high at 1.3689 and low at 1.3647. EUR/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
EUR/USD levels
A break below the 1.3645 would open the door to the 1.3500 area. On the flip side, a breakout of 1.3688 (high May 22) would target 1.3705 (Tenkan Sen) en route to 1.3723 (high May 21).