Attentive to 1.3100 EUR/USD

FXstreet.com (Cordoba) - the fall of the EUR/USD has been extended during the session in New York, having broken several levels of support to reach a new minimum of 2 weeks.

EUR/USD extends losses

The EUR/USD entered nose-dive on Wednesday after Bernanke said that the Fed could begin to reduce its purchases of assets, which gave the dollar a boost. EUR/USD has fallen as low as 1.3110 and currently operates in the area of 1.3115, which recorded a loss of 0.8%, the third consecutive.

Below 1.3100, following brackets could face at 1.3090 (100 day moving average) and 1.3070 (moving average 200 days), while rising, resistances are observed at 1.3250 (daily maximum) and 1.3300 (maximum 20 June).