31.10.2008 09:57

EUR/USD techs:

Resistance 3: $1.3290
Resistance 2: $1.3070

Resistance 1: $1.2950
Current price: $1.2705
Support 1: $1.2700
Support 2: $1.2590
Support 3: $1.2330
Comments: The dollar gained versus the euro on speculation foreign investors in U.S. stocks bought the dollar at the end of the month to keep their currency hedge ratios constant. At the moment the pair tests support in the field of 61,8 % FIBO of growth $1,2330-$ 1,3290 on $1,2700. Overcoming of the given mark will open road to a level $1,2590 (76,4 %). Below return to lows on $1,2330 is possible. Intermediate resistance is presented by a level 38,2%FIBO falling $1,3290-$ 1,2740 on $1,2590. Overcoming of the given mark will open road to $1,3070 (61,8 %). Above is located The yesterday's high on $1,3290.






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