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14 Feb 2014
EUR/USD sticks down below 1.3700
FXStreet (San Francisco) - The Euro extended its advance against the US Dollar earlier in the day to trade above the 1.3700 at February’s highs at 1.3713; however the EUR/USD is now trading below 1.3700 at 1.3690 in consolidation mode.
The EUR/USD is currently trading at 1.3695, 0.10% positive on the day. The short term perspective remains strongly bullish according to the FXStreet trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is neutral.
EUR/USD key levels
The pair would face the next hurdle at 1.3715 (high Jan 27) followed by 1.3740 (high Jan 24) and then 1.3775 (2014 high Jan 2). On the flip side, a breakdown of 1.3610 (Kijun Sen line) would open the door to 1.3595 (daily cloud base) and finally 1.3585 (low Feb 13).
The EUR/USD is currently trading at 1.3695, 0.10% positive on the day. The short term perspective remains strongly bullish according to the FXStreet trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is neutral.
EUR/USD key levels
The pair would face the next hurdle at 1.3715 (high Jan 27) followed by 1.3740 (high Jan 24) and then 1.3775 (2014 high Jan 2). On the flip side, a breakdown of 1.3610 (Kijun Sen line) would open the door to 1.3595 (daily cloud base) and finally 1.3585 (low Feb 13).