Tech on EUR/USD

Market news

16 May 2011

Tech on EUR/USD

Resistance 3: $ 1.4340 (May 13 high)

Resistance 2: $ 1.4300 (resistance line from May 11)

Resistance 1: $ 1.4110 (session high)

Current price: $1.4090

Support 1 : $1.4050 (session low)

Support 2 : $1.4020 (Mar 28 low)

Support 3 : $1.3860 (minima area on Mar 15-16)

Comments: the pair bargains in the field of the reach low. The nearest support $1,4050. Below losses are possible to $1.4020. The nearest resistance - $1.4110. Above growth is possible to $1,4300.

Tech on GBP/USD

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