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Currency on the Day

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EUR/USD

Wed, Jan 7 2009, 09:07 GMT
by Tomas Cedavicius

Investija.com


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EURUSD stopped running down the hill at the 1.3326 and established new support line, but this positive move most likely will be fragile and bears will start new attack to test how strong is new support. If bears are going to succeed, next level will be 1.3054. For a moment bulls must work hard to push price at least to the area of 1.3900, where possibility that some bears will surrender.

eurusd

EUR/USDTrendSupportResistance
Long TermNeutral1.3054 1.4034


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