Technical Analysis and recommendation for Major Currencies
EURO/USD
Yesterday Euro stopped at 1.2840s resistance level, today Euro got over this resistance to reach to the second resistance level at 1.2870s, which stronger than the previous one, due to that Euro is expect to stay quiet, and we don't expect Euro to make major moves toward the up side.
The general trend is up as far as 1.2480 remain intact targets now at 1.2920 and 1.3000 as a psychological target then at 1.3125.
The key resistance will be at 1.3000 and the key support at 1.2465.
Support:: 1.2845, 1.2815, 1.2780, 1.2760, 1.2740
Resistance: 1.2867, 1.2880, 1.2900, 1.2923, 1.2957
other pair
analysis table