Forex: EUR/USD needs to accelerate above 1.2710 to confirm upmove – V. Bednarik
FXstreet.com (Barcelona) – The Euro has regained the the upside after bouncing from 1.2625 session low, reaching levels right below 1.2710 level, which according to Valeria Bednarik, technical analyst at FXstreet.com, would add bullish pressure to the pair.
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Forex: EUR/USD breaks through session high and advances to 1.2700 area
FXstreet.com (Barcelona) – Euro retreat from 1.2770/80 resistance area on early Monday, has found support at 1.2625 area at European opening, and the pair has bounced up, breaking above 1.2665/70 to reach session high levels right below 1.2700.
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Forex: EUR/USD: support at 1.2605/1.2588 exposed – Commerzbank
FXstreet.com (Barcelona) – Euro recovery from 1.2585 low last week lost momentum on early Monday as, according to Karen Jones, technical analyst at Commerzbank, the pair failed to sustain levels above 1.2730/35 resistance, and, back under bearish pressure, the pair has turned towards 1.2605/1.2588 support.
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