Eur/Usd: Trade Update

9:30 Est.

Casey Stubbs-Winners Edge Trading

The Euro has been been moving sideways of late – we will see if the pair moves back to challenge the earlier highs set.

Here are the daily resistance and support levels.

Sup 2 – 1.3113

Sup 1 – 1.3174

Spot – 1.3245

Res 1 – 1.3343

Res 2 – 1.3592

Check the lower trend line on the chart. If that gets broken to the downside we could see more dollar gains. If there is a bounce off of the trend line we could see more eur gains up to 1.3700 area or higher.

240 min chart:

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