29 Jan 2015
EUR/USD retests session lows
FXStreet (Córdoba) - EUR/USD is being dragged lower by a stronger dollar, having pulled back from daily highs, briefly below the 1.1300 level.
After peaking at 1.1366, EUR/USD was sent to retest session lows at the 1.1295 zone in a bout of dollar demand. The pair cut most of its intraday gains but managed to climb back above 1.13 to currently trade around 1.1309, where it is still up 0.19% on the day.
EUR/USD technical levels
As for technical levels, EUR/USD could find immediate supports at 1.1260 (daily low) and 1.1223 (Jan 27 low) ahead of 1.1200 (psychological level). On the other hand, resistances line up at 1.1326 (daily high), 1.1381 (Jan 28 high) and then 1.1400 (psychological level).
After peaking at 1.1366, EUR/USD was sent to retest session lows at the 1.1295 zone in a bout of dollar demand. The pair cut most of its intraday gains but managed to climb back above 1.13 to currently trade around 1.1309, where it is still up 0.19% on the day.
EUR/USD technical levels
As for technical levels, EUR/USD could find immediate supports at 1.1260 (daily low) and 1.1223 (Jan 27 low) ahead of 1.1200 (psychological level). On the other hand, resistances line up at 1.1326 (daily high), 1.1381 (Jan 28 high) and then 1.1400 (psychological level).