22.05.2008 13:30

EUR/USD techs:

Resistance 3:$1.6010
Resistance 2: $1.5920
Resistance 1: $1.5800
Current price: $1.5774

Support 1: $1.5740
Support 2: $1.5660
Support 3: $1.5540

Comments: Euro set stable a bit below session high on $1.5800 (strong resistance). Above the rise may extend to $1.5920. Main resistance is around Apr 22 highs on $1.6010. Support comes at $1.5740 (61.8% of $1.6010 - $1.5290 decline). Stronger level comes at 50% Fibo on $1.5660 with further losses down to $1.5540.






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