Currency Analyst since 2010

EUR/USD: daily update

EUR/USD is trading sideways in the $1.3380/10 area for the third day. There’s support at $1.3330. Today’s high is at $1.3356. The broader trading range is $1.3400/3200. The market is uncertain (see yesterday’s doji-like candle on the daily chart). Economic calendar for the euro area and the US is close to empty today.  

Resistance lies at $1.3400, $1.3415, $1.3433 (Feb. 20 high) and $1.3455 (Feb. 14 high). Support is at $1.3300, $1.3260, $1.3222 (weekly Ichimoku cloud top), $1.3200 and $1.3160.

Chart. H1 EUR/USD

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