EUR/USD current price: 1.3953
Thu, Jun 18 2009, 01:45 GMT
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FXstreet.com (Buenos Aires) – EUR/USD current price: 1.3953. Pair raised following stocks and mover the short term consolidation range higher, basing now on 1.3925. With momentum and RSI pointing to the upside, price above 200 EMA and 20 SMA with a bullish slope, an upside rally seems likely if the pair breaks above yesterday’s high at 1.3985, to 1.4015 zone, where we still have past Sunday’s opening gap to close.
“Bigger time frames are also slightly bullish, supporting the upside bias,” said Valeria Bednarik, collaborator at FXstreet.com .

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