Forex - Chart EUR/USD Update: Bears taking a breather


Published at 00:11 (GMT) 12 Feb

Chart EUR/USD Update: Bears taking a breather (SDSC5601)

12 Feb EUR/USD Daily
23::38 GMT - Rebound towards closing last session is easing pressure onthe downside with room for intraday consolidation but with the preceding downmove from 1.3710 high still intact, selling into upticks favoured with resistances seen at 1.3430/58 area.[W.T]

R5: 1.3598 5 Feb high
R4: 1.3577 7 Feb high
R3: 1.3494/00 * 6 Feb low, figure
R2: 1.3458 * 5 Feb low, break
R1: 1.3430 8 Feb high

S1: 1.3379 intraday level
S2: 1.3353 * 8 Feb low
S3: 1.3349 25 Jan low
S4: 1.3286 24 Jan low
S5: 1.3264/57 * 23, 16 Jan lows

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