Published at 17:02 (GMT) 02 Sep

chart



02 Sep EUR/USD Daily
1:50 EDT - The mkt is struggling to keep its head above the 1.2817 extension. Its recovery off the Aug low remains weak relative to the preceding sell-off (still south of the
38.2% retracement at 1.2873) and is facing strong resistance up to 1.2935 -- a push below 1.2743 would re-ignite the Aug decline. MV

R5: 1.2932/35 * recent highs/161.8%
R4: 1.2902 * 19 Aug high
R3: 1.2869/73 127.2% ext
R2: 1.2855 01 Sep high
R1: 1.2817 * 100% ext 24-27 Aug
S1: 1.2777 * today's low
S2: 1.2743 * 31 Aug high
S3: 1.2685 intraday level
S4: 1.2623 31 Aug low
S5: 1.2604 * 50% Jun-Aug