Forex: EUR/USD trades calm at 1.3145

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Forex: EUR/USD trades calm at 1.3145

FITITOL--> FXstreet.com (San Francisco) - After moving ferociously on the back of Mario Draghi speech and some technical levels around the 1.3100 zone and bottoming at 1.3095 and topping at 1.3180 in the early American session, the EUR/USD seems to have recovered the calm and it is trading at 1.3145 zone.

The pair has retreated from intra-day high at 1.3180 to price sideways around 1.3145 zone in the last two hours. Currently the EUR/USD is pricing at 1.3143, 0.10% below opening price action.

Next support at 1.3095 (low May 3) ahead of 1.0358 (low Apr.18) then 1.3040 (Lower Bollinger) and 1.2995 (low Apr.16).

A break above 1.3204 (MA10d) would bring 1.3242 (high May 2) then 1.3270 (Upper Bollinger) and 1.3284 (high May 1).