Tech on EUR/USD

Market news

15 May 2012

Tech on EUR/USD

Resistance 3 : $1.2960/80 (area of May 10-11 high)

Resistance 2 : $1.2905 (May 14 high)

Resistance 1 : $1.2860 (high of the American session on May 14)

The current price: $1.2831

Support 1 : $1.2815 (session low)

Support 2 : $1.2730 (Jan 18 low)

Support 3 : $1.2700 (psychological level)

Germany: GDP (QoQ), Quarter I +0.5% (forecast +0.1%)

France: GDP, q/q, Quarter I 0.0% (forecast 0.0%)

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