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Forex: EUR/USD: Euro, on the upside, reaches 1.4335 after Friday's drop

Euro declined on Friday to test 1.4200 resistance area after Dollar strength on non-farm payrolls report but the Euro found good support at 1.4195 and returned to levels above 1.4300 on Asian session, to trade around 1.4335 ahead of the European markets opening.

Initial resistance levels a lie at 1.4245 (Sept 3 high) and above here, 1.4375 (Sept 1 high) and 1.4405 (Aug 27 high). On the downside, initial support lies at 1.4285, and below there, 1.4230 and 1.4275/90 (Sept 1 and 2 lows).

EUR/GBP bounced on early Asian session at 0.8715, and the Euro rose to a session high at 0.8755 before easing to levels around 0.8740 ahead of the European session opening. Resistance levels lie at 0.8770 and 0.8795. Support levels are 0.8715 and 0.8700.

EUR/USD (Sep 07 at 06:24 GMT)

1.4339/40 (0.24%)

H 1.4343 L 1.4299

S3S2S1R1R2R3
1.42401.42761.43121.43221.43581.4394
[?]Trend Index[?]OB/OS Index
NeutralNeutral
Data updated on Sep 07 at 06:05 (15-minute timeframe)

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