Forex | Forex | Forex: EUR/USD: Euro fails to break 1.4300, returns to 1.4260 (14/08/2009 13:07:00)

Forex: EUR/USD: Euro fails to break 1.4300, returns to 1.4260

FXstreet.com (Barcelona) - The Euro has failed on its second attempt too break above 1.4300, and after having hit 1.4307, the pair, weighed by U.S. CPI data has dropped to levels around 1.4260.

Initial support level lies at 1.4240/50 (Asian session low) and below here, 1.4200 (Aug 13 low) and 1.4180. On the upside, resistance levels remain at 1.4300, and above here, at 1.4325 (Aug 13 high) and 1.4350/60.
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