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6 Jan 2015
EUR/USD erases losses, back above 1.1900
FXStreet (Córdoba) - EUR/USD rose during the last few hours and managed to moved slightly away from multi-year lows. The pair climbed to 1.1959, approaching daily highs.
The euro lost bullish momentum above 1.1950 and pulled back. It was trading at 1.1930, unchanged from yesterday's closing price as stocks drop sharply in Wall Street.
EUR/USD short term technical levels
To the upside, immediate resistance lies around the 1.1950/60 area, that capped the upside during the last session, followed by 1.2000 and 1.2045. On the opposite direction support could be located at 1.1920 (intraday level), 1.1885 (daily low) and 1.1860 (Dec 5 low).
The euro lost bullish momentum above 1.1950 and pulled back. It was trading at 1.1930, unchanged from yesterday's closing price as stocks drop sharply in Wall Street.
EUR/USD short term technical levels
To the upside, immediate resistance lies around the 1.1950/60 area, that capped the upside during the last session, followed by 1.2000 and 1.2045. On the opposite direction support could be located at 1.1920 (intraday level), 1.1885 (daily low) and 1.1860 (Dec 5 low).