Tech on EUR/USD

Market news

3 June 2011

Tech on EUR/USD

Resistance 3: $ 1.4650 (Apr 21 high)

Resistance 2: $ 1.4565 (61.8 % FIBO $1.4940-$ 1.3960)

Resistance 1: $ 1.4520 (session high, Jun 2 high)

Current price: $1.4483

Support 1 : $1.4400 (support line from May 26)

Support 2 : $1.4300 (38.2 % FIBO $1.3960-$ 1.4520, Jun 1 low)

Support 3 : $1.4260 (МА (200) for Н1)

Comments: the pair bargains in the field of the high reached yesterday. The nearest support $1,4400. Below losses are possible to $1.4300. The nearest resistance $1.4520. Above growth is possible to $1,4565.

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