20.11.2008 10:23

EUR/USD techs:

Resistance 3: $1.3050
Resistance 2: $1.2880
Resistance 1: $1.2670
Current price: $1.2530
Support 1: $1.2425
Support 2: $1.2385
Support 3: $1.2330
Comments: The pair continues to remain under pressure. As the nearest support acts the level $1,2425 (a line of support constructed on low of October, 28 and November, 13). Overcoming of the given level will open road to $1,2385 (area of last Friday's low). Below possible falling to two years low on $1,2330. The nearest resistance is the level $1,2670 (23,6% FIBO falling $1,3765-$ 1,2330). Further growth to $1,2880 (38,2 %) is possible. Above is located the level $1,3050 (50,0 %).






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