11 Feb 2015
EUR/USD regains 1.1300
FXStreet (Edinburgh) - After a brief adventure around the area of 1.1290, EUR/USD managed to pick up pace and retake the 1.1300 barrier.
EUR/USD choppy around 1.1300
The pair remains in a narrow range around 1.1300 the figure today, as the Eurogroup meeting is kicking in. The recent Greek proposal and its viability will be in the centre of the discussions, ahead of tomorrow’s EU Leaders’ Sumit.
EUR/USD key levels
As of writing the pair is losing 0.01% at 1.1314 with the immediate support at 1.1270 (low Feb.9) ahead of 1.1262 (low Jan.29) and finally 1.1224 (low Jan.27). On the upside, a breakout of 1.3152 (10-d MA) would open the door to 1.1359 (high Feb.9) and then 1.1400 (psychological level).
EUR/USD choppy around 1.1300
The pair remains in a narrow range around 1.1300 the figure today, as the Eurogroup meeting is kicking in. The recent Greek proposal and its viability will be in the centre of the discussions, ahead of tomorrow’s EU Leaders’ Sumit.
EUR/USD key levels
As of writing the pair is losing 0.01% at 1.1314 with the immediate support at 1.1270 (low Feb.9) ahead of 1.1262 (low Jan.29) and finally 1.1224 (low Jan.27). On the upside, a breakout of 1.3152 (10-d MA) would open the door to 1.1359 (high Feb.9) and then 1.1400 (psychological level).