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11 Jun 2013
EUR/USD threatens daily highs
FXstreet.com (Córdoba) - The EUR/USD has resumed its advance during the American afternoon, and is approaching daily highs as the USD gives ground across the board.
EUR/USD rose to a session high of 1.3311, just 1 pip shy of its 3 ½-month high scored earlier on the day. At time of writing, EUR/USD is trading at the 1.3300/05 zone, where it records a 0.4% gain on Tuesday.
On the upside, immediate resistances are seen at resistance at 1.3312 (daily high) and 1.3320 (Feb 25high) followed by 1.3341 (61.8% retracement of the broader 1.3710/1.2746 fall). On the downside, supports could be found at 1.3230 (daily low) and 1.3200 (psychological level).
EUR/USD rose to a session high of 1.3311, just 1 pip shy of its 3 ½-month high scored earlier on the day. At time of writing, EUR/USD is trading at the 1.3300/05 zone, where it records a 0.4% gain on Tuesday.
On the upside, immediate resistances are seen at resistance at 1.3312 (daily high) and 1.3320 (Feb 25high) followed by 1.3341 (61.8% retracement of the broader 1.3710/1.2746 fall). On the downside, supports could be found at 1.3230 (daily low) and 1.3200 (psychological level).