Tech on EUR/USD

Market news

30 May 2011

Tech on EUR/USD

Resistance 3: $ 1.4450 (50.0 % FIBO $1.4940-$ 1.3960)

Resistance 2: $ 1.4340 (May 20 high, 38.2 % FIBO $1.4940-$ 1.3960)

Resistance 1: $ 1.4310 (session high)

Current price: $1.4280

Support 1 : $1.4175 (МА (200) for Н1)

Support 2 : $1.4120 (support line from May 23)

Support 3 : $1.4070 (May 26 low)

Comments: the pair slightly decreased. The nearest support $1,4175. Below losses are possible to $1.4120. The nearest resistance $1.4310. Above growth is possible to $1,4340.

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