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EUR/USD steadies into the NY close

FXstreet.com (Córdoba) - Following a volatile day with USD weakness as the main feature, most pairs in the FX market have settled into the New York session close.

EUR/USD is taking a breather, consolidating within a slim range, having been rejected from a weekly high of 1.2976 to dip toward the 1.2920 area on the back of Fed Rosengren's comments. At time of writing, EUR/USD is trading around 1.2940, recording a 0.7% daily gain.

In terms of technical levels, the EUR/USD could face immediate resistances at 1.2976 (daily high) and 1.3000 (psychological levels), while supports might be found at the 1.2920/15 zone (session low/100-hour SMA) and 1.2837 (daily low).

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