Monexnews-Return perched above the level of EUR/USD 1.3400, helped sentiment after the release of positive data on the German ZEW Economic Sentiment. In the middle of the session yesterday (7/02), the euro was at 1.3328 level. All this week the euro managed to raise the gain 0.42%, the euro is currently at level with high level at 1.3424 1.3433 and low levels in 1.3380.
While oil prices soar above $ 96, scored a new high level SP500 since late 2007 and closed at 1530 or up 0.71% last night (2/19). Yield US bonds raised 10 years ranges from 2.03%, a high level of around 10 months. Valeria Bednarik, Chief Analyst Predicts: "graph Fxstreet.com one hour shows SMA 20 are in positive territory, currently in the range of support level at 1.3350. 4 hour indicators showed a bullish signal by the currency move in the range, but the strengthening momentum midlines looks strong enough yet. Key in the 1.3500 resistance Level. "
The Level of support in 1.3320 and 1.3375, 1.3350, while resistance level at 1.3440 1.3415, and 1.3490.
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