Resistance 3:$1.5810
Resistance 2: $1.5750
Resistance 1: $1.5620
Current price: $1.5583
Support 1: $1.5520
Support 2: $1.5460
Support 3: $1.5300
Comments: Euro rangebound again after it failed to break under the strong support zone between $1.5520/40 (yesterday’s lows, channel line from Jul 15 and trend line from Dec08 2007 pass here). Break down will accelerate the decline to $1.5460 and then – to Jun lows around $1.5300. Minor resistance is near yesterday’s highs on $1.5610/20. Above there is a room for a rise up to Tuesday’s high on $1.5750. Stronger level comes at channel line from Jul 15 on
$1.5810.