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Forex: EUR/USD finds support at 1.3005

FXstreet.com (San Francisco) - After collapsing around 100 pips from 1.3110 in the latest hour, the EUR/USD has found support at the 1.3005 level, 1-week low. The pair is currently trading at 1.3030, 0.90% down on the day.

The pair's decline was "triggered by a strong upward momentum in greenback, as USD/JPY broke above 100.00," points Valeria Bednarik, FXstreet.com analyst. "Regardless the wild moves across the board, the EUR/USD manages to hold above the base of this past months range, respecting the 1.30/1.32 levels."

Support levels are at 1.3010 1.2970 1.2925. Resistances are at 1.3050 1.3080 1.3115

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