EURUSD has formed resistance at 1.42864 and support 1.41441 price levels. The resistance line is very important now, because it has reached once more this level. In a long run bulls still have lots of strength, they managed to push up back prices to the important level. If this level can be broken sharply, a long term positive trend can begin where prices can climb up even to the 1.45595
Monday, August 3, 2009
EURUSD Technical Analysis August 3rd
EURUSD has formed resistance at 1.42864 and support 1.41441 price levels. The resistance line is very important now, because it has reached once more this level. In a long run bulls still have lots of strength, they managed to push up back prices to the important level. If this level can be broken sharply, a long term positive trend can begin where prices can climb up even to the 1.45595
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment