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EUR/USD – Places Pressure on Resistance at 1.33 Again

From forexblog.oanda.com

EUR/USD for Thursday, August 1, 2013 To finish off last week the Euro surged higher to reach a new one month high just shy of 1.33 and for the few days this week , it has met stiff resistance at this level.  It has in the last 12 hours surged higher to move through 1.33 temporarily to get within reach of 1.3350 and reach another one month high before retracing a little back below the resistance level at 1.33.   For the most part of last week the Euro enjoyed a healthy and steady rally towards the resistance level at 1.32 and has finally made its way through culminating in its recent push higher. The ... (full story)

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