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Techs on EUR/USD
Resistance 2:$1.4370
Resistance 1:$1.4230
Support 3: $1.3950
Comments: Rate continues to retreat, heading for support at $1.4110 (38.2% Fibo of $1.3840-$1.4280). Stronger level at $1.4060 (50%), with further losses may widen to $1.3950 (Jul 13 lows). Resistance is around channel line from Jul 05 at $1.4230. Above the recover may extend to $1.4370 (Jul 07-08 high).
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