EUR/USD very nearly reached an important target on Friday, followed by a rally to resistance at 1.3653. Overnight we briefly rallied above that level, but quickly dropped lower, as the euro tries to find a bottom to rally off of. We may find support today at the 1.3535 area, or test the bottom at 1.3444. Beyond that, there are targets at 1.3333 and 1.3310. A rally above 1.3691 should find resistance at 1.3790.
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on Thursday, February 25th, 2010 at 10:52 am and is filed under ForexNews.
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