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


2010-02-26 08:40 GMT

EURUSD possible breakout at resistance

by Investija.com

Support and resistance level stay at the same levels, however bulls are heading towards resistance barrier. While trend line is not broken, bears are in safer area, however it looks like bulls are going for another attempt to test resistance barrier. Confirmation of resistance breakout is needed in order to initiate stronger bulls movement. Waiting action is better to take for now.

EURUSD possible breakout at resistance

    Support Resistance
4 Hours NEGATIVE TREND 1.3461 1.3646
    - 1.3795


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