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Friday, 26 October 2007

iForex.bg

EUR/USD 1.4324 - 26 October
EUR/USD Open 1.4321 High 1.4338 Low 1.4196 Close 1.4259

The Euro closed higher against the US Dollar yesterday comparing to previous session and recovered from the earlier drop. Resistance is seen at 1.4277, followed by 1.4345 and 1.4405. Support is expected around 1.4205, followed by 1.4120 and 1.3980.
Technical resistance levels: 1.4277 1.4345 1.4405
Technical support levels: 1.4205 1.4120 1.3980

Trading range: 1.4310 - 1.4385
Trend: Upward
Buy at 1.4324 SL 1.4294 TP 1.4374