Back
15 Aug 2013
EUR/USD back to where it started
FXstreet.com (Córdoba) - Following a volatile session, the EUR/USD is back to where it started the day. Having been rejected from above 1.3300, EUR/USD dropped to a 2-week low of 1.3205 during the American session.
Turnaround afternoon
However, the EUR/USD managed to find buyers in the vicinity of 1.3200, recovering over 60 pips within the last hours to trade little changed on the day at the 1.3260 zone.
EUR/USD levels to watch
In terms of technical levels, the EUR/USD could find immediate resistances at 1.3309 (daily high) and 1.3343 (Aug 12 high), while supports are seen at 1.3275 (intraday level) and 1.3238 (Aug 14 low).