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EUR/USD: grinding above 1.3245 resistance
The EUR/USD finally advance in the US afternoon, grinding above the 1.3245 resistance area after spending most of the day consolidating around the 1.3200 mark. Market has shown little interest this Monday, with stocks in the US closing the day barely unchanged, and not much fundamental data around. The hourly chart shows technical readings holding in positive territory, although with no upward momentum. Price stability above the 1.3240/50 area is required to confirm more advances, with 1.3300 as immediate resistance level to break. Support levels: 1.3225 1.3180 1.3140 Resistance levels: 1.3300 1.3345 1.3380 The yen ... (full story)
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