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Nov 24
EUR-USD Technical - 14/March
Written by Praful Patat   
Monday, 14 March 2011 05:33

EURUSD touched 1.3914 resistance on Friday and stay above 1.3900 where bullish zone start. EURUSD retraced Fib No. 74.6% at 1.3794 from 1.3711 to 1.4035, projection at 1.4122 which is also 127.2% projection of 1.2872 to 1.3860 still in progress but this is only possible after break of 1.3982 resistance, otherwise down toward 1.3857, 1.3838 area. Break of 1.3838, next support is 1.3793 on intraday. If EURUSD will back from 1.3857, 1.3838 area then again going up side toward 1.4122 projection.
Strategy: EURUSD sell at 1.3930 target 1.3870, 1.3845 stop loss 1.3995
New High:  1.3908, 1.3989, 1.3983.
New Low:  1.3745, 1.3826, 1.3820.
R3-1.4018, R2-1.3956, R1-1.3918, PP-1.3856, S1-1.3793, S2-1.3755, S3-1.3693.

EURUSD touched 1.3914 resistance on Friday and stay above 1.3900 where bullish zone start. EURUSD retraced Fib No. 74.6% at 1.3794 from 1.3711 to 1.4035, projection at 1.4122 which is also 127.2% projection of 1.2872 to 1.3860 still in progress but this is only possible after break of 1.3982 resistance, otherwise down toward 1.3857, 1.3838 area. Break of 1.3838, next support is 1.3793 on intraday. If EURUSD will back from 1.3857, 1.3838 area then again going up side toward 1.4122 projection.

Strategy: EURUSD sell at 1.3930 target 1.3870, 1.3845 stop loss 1.3995

New High:  1.3908, 1.3989, 1.3983.

New Low:  1.3745, 1.3826, 1.3820.

Pivot: R3-1.4018, R2-1.3956, R1-1.3918, PP-1.3856, S1-1.3793, S2-1.3755, S3-1.3693.

 

Latest EURUSD
Last 1.3903
High 1.3914
Low 1.3750
5 day 1.3892
10 day 1.3884
20 day 1.3764
50 day 1.3580
100 day 1.3519
200 day 1.3245