13.10.2008 10:02

EUR/USD techs:

Resistance 3:$1.3980
Resistance 2: $1.3780
Resistance 1: $1.3740

Current price: $1.3630
Support 1: $1.3450
Support 2: $1.3320

Support 3: $1.3255
Comments: The euro rose the most in three weeks against the dollar after European leaders agreed to guarantee bank borrowing and prevent failures that would disrupt credit markets. As the nearest resistance acts the area $1,3740 (area of Oct 2 kow and high 7-8). Further follows $1,3780 (area of Oct 9 high) which overcoming will open road to Oct 3 high on $1,3900/10. Support is marked in the field of a session low on $1,3450/40 ($1,3440 - area of Oct 6 low), further is possible falling to $1,3320 (61,8 % FIBO of growth $1,1630-$ 1,6040) then testing $1,3255 (Friday's low).






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