• Tech on EUR/USD

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7 March 2011

Tech on EUR/USD

Resistance 3: $ 1.4285 (high of November)
Resistance 2: $ 1.4080 (Nov 8 high)
Resistance 1: $ 1.4000 (Mar 4 high)
Current price: $1.3975
Support 1 : $1.3940 (Mar 4 low)
Support 2 : $1.3870 (support line from Feb 22)
Support 3 : $1.3830 (Mar 3 low)
Comments: the pair bargains in the field of the reached high. The nearest support $1,3940. Below losses are possible to $1.3870. The nearest resistance $1.4000.  Above growth is possible to $1,4080.

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