Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on January 25, 2010, 03:56:48 am

Title: FXCBS Market Expectations; EUR/USD
Post by: pranjali on January 25, 2010, 03:56:48 am
Pair the euro against the U.S. dollar has fallen sharply over the last week, touching the levels of 1.40200; Stochastic appears saturated in sales, which may lead the pair to make a corrective movement to the level of 1.43000 before returning to continue its decline to the new goals at 1.38650.

Support and Resistance

Pair              R1                R2            R3             P                S1           S2             S3
EUR/USD    1.41660    1.41980    1.42520    1.41270    1.41020    1.40700    1.40160