Resistance 3:$1.3980
Resistance 2: $1.3780
Resistance 1: $1.3740
Current price: $1.3682
Support 1: $1.3570
Support 2: $1.3445
Support 3: $1.3360
Comments:The Federal Reserve reduced its target lending rate by a
half-percentage point to 1.5 percent yesterday, while the European
Central Bank and counterparts from the U.K., Canada, Sweden and
Switzerland also reduced borrowing costs. China's central bank lowered
its one-year lending rate and Korea cut its benchmark for the first
time in four years. Not looking at the occuring events, essential
changes in tech on EUR/USD haven't occured. As the nearest support acts
the area of a session low on $1,3570, further is located a low of
Monday on $1,3445, after overcoming the given level probably falling to
$1,3360 (Aug 2007 low). In case of restoration by the nearest
resistance there will be an area $1,3740 (area of Oct 2 low and Okt 7-8
high). Further is Fibo on $1,3780 (23.6 % of decrease $1,4870-$ 1,3440)
and $1,3980 (38,2 %).