20.05.2008 10:29

EUR/USD techs:

Resistance 3:$1.5740
Resistance 2: $1.5700
Resistance 1: $1.5640
Current price: $1.5562

Support 1: $1.5480
Support 2: $1.5450
Support 3: $1.5380

Comments: Euro trades below yesterdays high on $1.5630/40 (strong resistance). Above there is a room for a rise to $1.5700 and then – to $1.5740. Minor support comes at $1.5480, stronger – near Friday’s low on $1.5450. Break under will widen correction to $1.5380.






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