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EUR/USD: Euro, on the upside, could test 1.3330, says Mizuho
FXstreet.com (Barcelona) ? The Euro has strengthened during today?s Asian session and from intra-week low at 1.2965, it has rallied to levels right below 1.3200 and according to Nicole Elliott, senior technical analyst at Mizuho Corporate Bank, it could rally further during the next sessions.Elliott points up to the 26 moving average at 1.3266: ?Squeezing back above the top of the Ichimoku ?cloud? and might re-test the 26-day moving average at 1.3266 and the top of the ?flag? at 1.3330.?Concerning
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Forex: EUR/USD tests 1.3400 again after stress test announcement.
FXstreet.com (Córdoba) ? The news that the 19 largest U.S. banks will have to raise $75 billon in extra capital by November didn?t shake the market. EUR/USD continued rising after the news but making small moves. Current price is 1.3396 which is 0.65% above opening price. The pair is recovering after rebounding at an important support at 1.3350. Next resistance level lies at 1.3425. In the day that U.S. markets went down with the Dow Jones Industrial
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