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EUR/USD resumes the selling below 1.2830

FXstreet.com (Barcelona) - EUR/USD is having another round of fresh selling at the moment in early Tokyo trade, taking the pair to session and 2-day lows last at 1.2830.

As Valeria Bednarik points out, Chief Analyst at Fxstreet.com, “In the 4 hours chart a stronger bearish tone is developing, although 1.2800/40 area continues to attract buyers,” the analyst says, while “only a clear acceleration below these last will point for  a stronger downward move,” she concludes.

Valeria finds support levels at: 1.2840, 1.2810 and 1.2770, while resistance levels at: 1.2885, 1.2925 and 1.2950.

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