Tuesday, June 30, 2009

EUR / USD suggested wait n see

EUR / USD Open 1.4086 High at 1.4131 in, 1.3983 in the Low and close at 1.4077. EUR / USD to rise on Monday. Curency price reaches 1.3983 at its low., From there he began to ascend and closed at 1.4077 on the price. H1 visible on the chart curency this is trying to test again to the down trend line, but still restrained. This causes pressure ketas stronger for the short term with resistant at 1.4160, but its long-term curency is running under that level. In the medium term terlihal not signal a trend for them. May be better to wait further developments.

The resistant tekhnical are on the level:
1 1.4160
2. 1.4275
3. 1.4400

and Support is at:
1. 1.3890
2. 1.3765
3. 1.3645

Buy Stop at 1.4101 with 1.4071 in the lost and Take Profit at 1.4141


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