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4 Jun 2014
EUR/USD hit fresh daily lows below 1.3600
FXStreet (Córdoba) - The Euro weakened during the second half of the American session and fell below 1.3600 against the US dollar, reaching a fresh daily low at 1.3596. Ahead of the closing bell is hovering around 1.3600, 25 pips below the price it had at the beginning of the day.
On European hours the EUR/USD rose but found resistance around 1.3640 and pulled back. Despite losing momentum and erasing gains, the pair remain calm as traders await for the ECB meeting.
EUR/USD remains in range
Price action continues to be move sideways, above a key support at 1.3585 and below 1.3650, consolidating after falling from levels near 1.4000, where it was trading a month ago.
On European hours the EUR/USD rose but found resistance around 1.3640 and pulled back. Despite losing momentum and erasing gains, the pair remain calm as traders await for the ECB meeting.
EUR/USD remains in range
Price action continues to be move sideways, above a key support at 1.3585 and below 1.3650, consolidating after falling from levels near 1.4000, where it was trading a month ago.