Tech on EUR/USD

Market news

9 March 2011

Tech on EUR/USD

Resistance 3: $ 1.4030 (Mar 7 high)

Resistance 2: $ 1.3990 (Mar 8 high)

Resistance 1: $ 1.3910 (session high)

Current price: $1.3889

Support 1 : $1.3880 (session low, support line from Mar 2)

Support 2 : $1.3830 (Mar 3 low)

Support 3 : $1.3740 (Mar 2 low)

Comments: the pair is under pressure. The nearest support $1,3880. Below losses are possible to $1.3830. The nearest resistance $1.3910. Above growth is possible to $1,3990.

Tech on GBP/USD

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