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AUDUSD0.9076/79  
EURUSD1.2804/06  
GBPUSD1.5413/18  
USDJPY84.29/31  
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forex technical analysis > report

2010-02-24 08:32 GMT

EURUSD bears are loosing their confidence

by Investija.com

New support and resistance levels are formed again. Bearish side is loosing their confidence after each bulls attempt to recover the price. At the moment, bearish side can initiate stronger negative movements downside just below support barrier. While support level holds, bulls have potential to break resistance level. Waiting action remains for now.

EURUSD bears are loosing their confidence

    Support Resistance
4 Hours NEGATIVE TREND 1.3461 1.3646
    - 1.3795


more forex technical analysis from EUR/USD

2010-09-02 07:14 GMT+1
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EURUSD waiting action holds for now
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