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4 Jun 2014
EUR/USD extends 1.3640’s rejection to 1.3600
FXStreet (San Francisco) - After advancing 40 pips from the 1.3600 area and testing the intra-day highs around 1.3640, the EUR/USD was rejected by this level; now it is testing the 1.3600 area again.
The EUR/USD is trading under pressure following the weaker than expected ADP employment report and recently the upbeat ISM non-manufacturing index.
Currently, EUR/USD is trading at 1.3611, down 0.12% on the day, having posted a daily high at 1.3640 and low at 1.3600. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bullish.
EUR/USD levels
If the pair breaks the 1.3600 area, next key support is seen at 1.3585. On the upside, resistances are at 1.3625, 1.3640 and 1.3670.
The EUR/USD is trading under pressure following the weaker than expected ADP employment report and recently the upbeat ISM non-manufacturing index.
Currently, EUR/USD is trading at 1.3611, down 0.12% on the day, having posted a daily high at 1.3640 and low at 1.3600. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bullish.
EUR/USD levels
If the pair breaks the 1.3600 area, next key support is seen at 1.3585. On the upside, resistances are at 1.3625, 1.3640 and 1.3670.