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EUR/USD recovery, halted at 1.3095 eases to 1.3020
The Euro has rallied further on European session, favoured by improved confidence on the common currency after the EU approved a EUR750 billion aid package for debt troubled countries in the Area, and the pair extended its recovery from 1.2520 low on may 6, to 1.3095 session high.

At the moment, the pair trades at 1.3020, after bouncing down from 1.3095, with next support levels at 1.2990/00( (intra-day level), and below here, 1.2950 and 1.2880/00 (intra-day levels).

On the upside, initial resistance lies at 1.3115 (Apr 28 low), and above here, 1.3150 (May 3 high) and 1.3215 (May 4 high).