02.07.2009 09:54

Techs on EUR/USD:


Resistance 3:$1.4270
Resistance 2:$1.4200
Resistance 1:$1.4150
Current price: $1.4112
Support 1:$1.4040
Support 2:$1.3940
Support 3:$1.3820
COMMENTS: Euro retreats after yesterday’s rally. Support comes at $1.4040 with stronger one – on the channel support line from Jun 16 at $1.3940. Below losses may widen to $1.3820 (Jun 22 lows). Resistance comes at session highs on $1.4150, stronger – on $1.4200 (rate failed to break under this level yesterday). Above the resistance comes at $1.4240/70 (Jun 04-05 highs).






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