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Aug 29, 2014
EUR/USD plummets and breaks a new daily low
FXStreet (Guatemala) - EUR/USD is trading at 1.3143, down -0.28% on the day, having posted a daily high at 1.3197 and low at 1.3142.
EUR/USD is being weighed upon with a strong dollar in month end flows and financial sanctions against Russia and participants are selling into any euro upticks in general.
EUR/USD hourly levels
Current price is 1.3145, with resistance ahead at 1.3154 (Daily Classic S1), 1.3160 (Yesterday's Low), 1.3168 (Monthly Low), 1.3168 (Weekly Low) and 1.3168 (YTD Low). Next support to the downside can be found at 1.3142 (Daily Low), 1.3126 (Daily Classic S2), 1.3120 (Annual Low), 1.3107 (Weekly Classic S2) and 1.3092 (Daily Classic S3).
EUR/USD is being weighed upon with a strong dollar in month end flows and financial sanctions against Russia and participants are selling into any euro upticks in general.
EUR/USD hourly levels
Current price is 1.3145, with resistance ahead at 1.3154 (Daily Classic S1), 1.3160 (Yesterday's Low), 1.3168 (Monthly Low), 1.3168 (Weekly Low) and 1.3168 (YTD Low). Next support to the downside can be found at 1.3142 (Daily Low), 1.3126 (Daily Classic S2), 1.3120 (Annual Low), 1.3107 (Weekly Classic S2) and 1.3092 (Daily Classic S3).