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EUR/USD

Wed, Jan 14 2009, 09:26 GMT
by Tomas Cedavicius

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EURUSD went below support line, but not far and now is climbing back. Long term trend line can give some sort of clue about market direction and conditions. Some sort of selling will occur around the trend line, but most likely support line 1.3130 will survive next movement down. If bears will start new strong attack now, we are going to see much lower levels such as 1.2800.

eurusd

EUR/USDTrendSupportResistance
Long TermNegative 1.3326 1.3768


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