09.10.2008 13:44

EUR/USD techs:


Resistance 3:$1.3980

Resistance 2: $1.3900
Resistance 1: $1.3780
Current price: $1.3742
Support 1: $1.3570
Support 2: $1.3445
Support 3: $1.3360
Comments:rate retaines consolidative mood. Having piersed resistance in the area of $1,3740 ( Oct 2 low and Okt 7-8 high) euro tested Fibo on $1,3780 (23.6 % of decrease $1,4870-$ 1,3440) and may now target Oct 03 high $1.3900 and $1,3980 (38,2 %). 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).






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