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Forex: EUR/USD relatively bid; hits 8-day highs

By FXstreet.com,  March 20, 2012, 08:52:00 PM EDT

FXstreet.com (San Francisco) - EUR/USD continues to edge higher in early Asia as the greenback continues to weaken, having climbed up into the 1.3265 zone in recent minutes, levels not seen since the Friday before last, recording a 0.2% gain so far on the day. If the rally persists in the hours ahead, Valeria Bednarik, Chief Analyst at FXstreet.com recognizes resistance levels at 1.3310 and 1.3350, while, to the downside, support levels lie at 1.3210, 1.3170 and 1.3140.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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