FXstreet.com (Barcelona) - The Euro has launched an aggressive recovery from 1.3970 low after U.S,. data was released, and d the pair has rallied about 130 pips in two hours, breaking above 1.4050 resistance level to right below 1.4100.
Initial resistance level lies at 1.4100 (Jun 9 high), and above hee, 1.4145 (Jun 10 high) and then 1.4200/10. On the downside, initial support lies at 1.4050 previous resistance, and below here, intra-day low 1.3945/55 area, and 1.3915 (Jun 10 low).
Initial resistance level lies at 1.4100 (Jun 9 high), and above hee, 1.4145 (Jun 10 high) and then 1.4200/10. On the downside, initial support lies at 1.4050 previous resistance, and below here, intra-day low 1.3945/55 area, and 1.3915 (Jun 10 low).
