02.10.2008 10:22

EUR/USD techs:

Resistance 3:$1.4150
Resistance 2: $1.4030
Resistance 1: $1.4000
Current price: $1.3923
Support 1: $1.3910
Support 2: $1.3880
Support 3: $1.3850

Comments: The dollar rose against the euro, approaching a one-year high, after the U.S. Senate approved a $700 billion bank-rescue bill to ease a global credit crisis. As the nearest support the session low on $1,3910 acts. Below loss of a rate can will increase to an annual low reached on Sep 11 on $1,3880. In case of overcoming the given mark the rate can test area $1,3850/30 (area of July-August 2007 high and also Sep 14, 1 and 18 2007 lows). In case of the restoration, the nearest area of support will act $1,4000 (Tuesday's low), further intermediate support is located on $1,4080. As stronger level acts $1,4150 (23,6% FIBO).






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