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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

2010-03-01 08:27 GMT

EURUSD possible rebound back to support level

by Investija.com

Strong negative trend remains active, significant resistance level at 1.3646 still did manage to hold bulls from further climbing. At the moment, a rebound back to support level is expected. According to the current negative trend and importance of resistance barrier, bears are controlling the situation and selling actions are better options for now.

EURUSD possible rebound back to support level

    Support Resistance
4 Hours NEGATIVE TREND 1.3461 1.3646
    - 1.3795


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