EUR/USD: Rallies, Looks To Extend Strength


EURUSD: With EUR rallying strongly in early trading today, the risk is for continued strength towards the 1.3645 level to occur.

A break of here will resume its broader upside and pave the way for a run at the 1.3710 level, its Feb 01’2013 high.

Further out, resistance resides at the 1.3750 level followed by the 1.3800 level and possibly higher towards the 1.3850 level.

Conversely, support comes in at the 1.3597 level with a breach targeting the 1.3500 level followed by the 1.3456 level and then the 1.3321 level. A cut through here will target the 1.3250 level.EURUSD

Further down, support comes in at the 1.3165 level. All in all, EUR continues to retain its upside bias in the medium term.

Guest post by FX Tech Strategy

Get the 5 most predictable currency pairs

About Author

FX Tech Strategy provides simple forex research for Intra-day, swing and position traders. For over 6 years, FXTechstrategy has been committed to providing forex traders including intra-day, swing and position traders exceptional forex research with technical analysis expertise that makes trading decisions easy and painless. FXTchstrategy won Best Technical Analysis (forex best awards) by fxstreet in 2011 and was finalists, Star Awards by traderplanet in 2011 & 2012.


  1. Pingback: EUR/USD: Rallies, Looks To Extend Strength | myfxequipment

  2. Pingback: 2014 SPOT USD EUR

  3. Pingback: 2014 USD GBP EUR JPY

  4. Pingback: 2014 EUR USD MOVING AVERAGE

  5. Pingback: EURO USD 2014

  6. Pingback: 2014 REAL TIME EUR USD QUOTE About

  7. Pingback: EUR/USD Forecast October 21-25 | Forex Crunch | Forex