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19 Dec 2013
EUR/USD flirts with 1.3649 support at closing
FXstreet.com (Chicago) - EUR/USD traded low-key throughout Thursday afternoon maintaining 10-day lows at the closing of the American trading session
Wall Street closed with mixed results with the Dow up 0.07%, the Nasdaq down 0.29% and the S&P 500 down 0.06%.
EUR/USD Technical Levels
Price action reveals the pair finds grounds after extending the bearish channel despite spike to the 1.38 front. Offered at 1.3654, the pair navigates between the supports aligned at 1.3649 (session lows), 1.3577 (November 19th highs) ahead of 1.3515 (December 3rd lows) and the resistances set at 1.37 (December 12th lows), 1.3796 (December 14th highs) followed by 1.3796 (August 17th 2011 lows). According to the FXstreet.com trend index on one-hour timeframe analysis, the pair is slightly bearish and oscillates below the EMA20.
Wall Street closed with mixed results with the Dow up 0.07%, the Nasdaq down 0.29% and the S&P 500 down 0.06%.
EUR/USD Technical Levels
Price action reveals the pair finds grounds after extending the bearish channel despite spike to the 1.38 front. Offered at 1.3654, the pair navigates between the supports aligned at 1.3649 (session lows), 1.3577 (November 19th highs) ahead of 1.3515 (December 3rd lows) and the resistances set at 1.37 (December 12th lows), 1.3796 (December 14th highs) followed by 1.3796 (August 17th 2011 lows). According to the FXstreet.com trend index on one-hour timeframe analysis, the pair is slightly bearish and oscillates below the EMA20.