Currency Analyst since 2010

EUR/USD is still below $1.3280

The single currency is still capped by the resistance in the $1.3277/80 area (baseline of the daily Ichimoku Cloud, 200- and 100-period MAs on H4).

As there isn’t much of importance on the data front, the market’s attention will focus on how the situation around Syria develops. So, the moves today will be determined by the swings in risk sentiment.

Support is at $1.3240, $1.3223, $1.3200, $1.3190 and $1.3150. Resistance is at $1.3280/85, $1.3300, $1.3322 and $1.3350.   

Chart. H4 EUR/USD

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