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14 Mar 2014
EUR/USD jumps above 1.3900
FXStreet (San Francisco) - The euro resumed its uptrend against the US dollar in the latest few minutes with the pair jumping around 60 pips to break above 1.3900 and trade at daily highs around 1.3935. Pair is extending recovery from 1.3850 started overnight.
The EUR/USD is currently trading at 1.3912, 0.33% positive on the day. The short term perspective is slightly bullish according to the FXStreet trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is neutral.
EUR/USD levels
Next resistance is at 1.4000 (psychological level) followed by 1.4100 (psychological level) and then 1.4172 (high Oct.31 2011). On the flip side, a breakdown of 1.3846 (low Mar.13) would target 1.3843 (low Mar.12) en route to 1.3834 (low Mar.11).
The EUR/USD is currently trading at 1.3912, 0.33% positive on the day. The short term perspective is slightly bullish according to the FXStreet trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is neutral.
EUR/USD levels
Next resistance is at 1.4000 (psychological level) followed by 1.4100 (psychological level) and then 1.4172 (high Oct.31 2011). On the flip side, a breakdown of 1.3846 (low Mar.13) would target 1.3843 (low Mar.12) en route to 1.3834 (low Mar.11).