Forex: EUR/USD retests top of its range (Córdoba) - With no clear catalyst other than buying interest into the weekend, the EUR/USD rallied during the American afternoon, breaking above several resistance levels to retest the top of its 3-month range at 1.3172 in recent dealings.

The pair stalled just at 1.3172, where it had peaked twice in September before a leg lower took the pair toward 1.2660.

At time of writing, EUR/USD is trading at the 1.3165 zone, recording a 0.7% gain on the day, with immediate resistance at 1.3172 followed by the 1.3200 psychological level. On the other hand, supports are seen at 1.3100 and 1.3060.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.