iezcha
Fun Poster
- Messages
- 104
- Joined
- Mar 1, 2007
- Messages
- 104
- Reaction score
- 0
- Points
- 10
EUR/USD Open 1.3778 High 1.3849 Low 1.3746 Close 1.3783
After reaching new historical top, the Euro stepped back from it, which makes it the first resistance for today at 1.3812, followed by 1.3879 and 1.3918. The support comes from the upwards trend passing by the bottoms 1.3264 and 1.3596, which break at 1.3687 will lead to test of 1.3604, which is a correction of 38.3% of the wave 1.3263 - 1.3814. Last support for today is the 21 day MA at 1.3572, which is supported by the bottom from 6 June at 1.3566.
Technical resistance levels: 1.3812 1.3879 1.3918
Technical support levels: 1.3687 1.3604 1.3572
Trading range: 1.3770 - 1.3845
Trend: Upward
Buy at 1.3783 SL 1.3753 TP 1.3833
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