06.10.2008 10:01

EUR/USD techs:

Resistance 3:$1.4080
Resistance 2: $1.3900

Resistance 1: $1.3680
Current price: $1.3600
Support 1: $1.3550
Support 2: $1.3360
Support 3: $1.3260
Comments: The euro fell to a 13-month low against the dollar as the deepening credit crisis prompted European governments to pledge bailouts for troubled banks. As the nearest support acts the area of Sep 2007 low on $1,3550, further is possible falling to $1,3360 (Aug 2007 low) and $1,3260 (June 2007 low). In case of restoration by the nearest resistance there will be an area of session high/Friday's low on $1,3680/00. Further follows Fibo on $1,3900 (23.6 % of decrease $1,4870-$ 1,3600, and also area of Friday's high) and $1,4080 (38,2 %).






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