24.10.2008 14:20

EUR/USD techs:

Resistance 3:$1.2810
Resistance 2: $1.2740

Resistance 1: $1.2690
Current price: $1.2576
Support 1: $1.2500
Support 2: $1.2460
Support 3: $1.2160
Comments: The pair, having fallen to a low level for last two years, has suspended decrease and has slightly receded from the reached levels. The nearest support is the area of a session low on $1,2495 / $ 1,2500. Overcoming of the given mark will open road to area of low of second half of 2006 $1.2480/60 movement. But that does not exclude probability of falling to $1,2160 (100 % of a projection of decrease $1.4862/1.3258). Intermediate resistance is the level of 38,2 % FIBO of today's falling on $1,2690. Above is located the mark of 50,0 % on $1,2740 (and also area of minima of Wednesday-Thursday), which overcoming will open road to $1,2810 (61,8 %).






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