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EUR/USD retreats from 1.3300 levels
09 Şubat 2012 Perşembe 23:04

EUR/USD retreats from 1.3300 levels

After reaching its highest level since Dec 12 at 1.3315 on the back of good news in the US and Europe, the EUR/USD has retreated to levels below 1.3300 to trade close to 1.3280.

Currently the pair is pricing at 1.3300 level again, 0.30% above today's opening price action.

The combination of solid US jobless claims, the ECB's rate decision and Draghi's speech with news that Greece's political leaders finally agreed on key reforms, boosted the Euro across the board with the EUR/USD rising from 1.3235, intra-day low to highs at 1.3315.

In terms of technical levels, if the EUR/USD manages to overcome the 1.3315 zone, next resistance could be faced at the 1.3335 area, 100 DMA, and 1.3390, while immediate supports are seen at 1.3230, 1.3200 and 1.3150.

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