Forex: EUR/USD withdrawal from 1.3950 cover low 1.3805

FXstreet.com (Barcelona) - which has EUR on risk aversion prior to release of the United States advanced GDP figures hammered been, and withdrawal from 1.3950 highly extended lower low so far nearly 150 pips on Asian session to session 1.3805.

1.3775 (Intra day level) and 1.3735 is immediate support 1.3795 / 00 (intra day support levels), and down here, (October 27 low) .Widerstandsstufen lie on upside risks come to 1.3875 (intra day level) and above here 1.3900 (weekly pivot point) and above here, 1.3950 (session high).

On a broader perspective, the pair trade halfway is trough of the 1.3700 / 1.4080 range, says Peter rose coating, technical analyst at ACM - advanced currency markets: "concluded range trading environment between 1.3700 and 1.4080 bleibt.Die high yesterday 1.3951 (1 PIP clear our objective for longs), and despite a retracement lower 1.3850 levels, we are still very much in mid range territory (and therefore not really attractive levels for fresh trade entry only nor introduction)."

EUR/USD