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Currency on the Day

EURUSD

Thu, Jul 16 2009, 07:10 GMT
by Tomas Cedavicius

Investija.com  |  View company's profile


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EURUSD became positive, even it is hard to draw a positive trend line.Price has established above 1.4000 and around this level we see exresistanceline. Most likely bulls will organize another attack from there.Short position holders would like to see price below 1.4000 level.Another positive movement up above the 1.4135 could lead long termpositive trend. Below 1.3910 most likely we will see sharp decline.

eurusd

EURUSDTrendSupportResistance
Long TermPositive1.39101.4011


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