The last 24 hours has seen the Euro surge higher to back above 1.29 for the first time in nearly two weeks, however it did run into reasonable resistance right around 1.2950 which saw it ease off a little. In the last few hours, it has consolidated a little by establishing and trading within a narrow range between 1.2930 and 1.2940. In surging higher back above 1.29, it bounced well off the ongoing support level at 1.28. The Euro had a subdued finish to last week is it rallied a little and crept back over the key 1.28 level which is where is continuing to find support at (more evident on the 4 hourly chart below). ... (full story)