Technical Analysis Daily: EUR/USD
EUR/USD 1.5322 - Apr 8th
EUR/USD Open 1.5419 High 1.5590 Low 1.5291 Close 1.5381
The Euro dropped sharply yesterday against the US Dollar, reaching 1.5290, which is its first support level for today. If the downward trend continues, next support is expected at 1.5220, followed by 1.5150. In upward direction first resistance is yesterday's top at 1.5360, the break of which would lead to next target - 1.5410, followed by 1.5500.
Technical resistance levels: 1.5360 1.5410 1.5500
Technical support levels: 1.5290 1.5220 1.5150
Trading range: 1.5335 - 1.5270
Trend: Downward
Sell at 1.5322 SL 1.5352 TP 1.5282