Market news
17.12.2010, 16:26

Techs on EUR/USD

Resistance 3:$1.3360
Resistance 2:$1.3280
Resistance 2:$1.3180
Current price: $1.3140
Support 1:$1.3060             
Support 2: $1.2970
Support 3: $1.2910

Comments: Euro continues to decline after it broke support at $1.3180 (recistance now). There is a room for decline tp Dec 02 on $1.3060. Stronger support is near Nov 30- Dec 01 lows on $1.2970. Ubder these levels losses may widen to Sep 06 highs on $1.2710.  Back above $1.3180 may extend the recover up to hourly highs on $1.3280 and then - to stronger resistance at $1.3360 (Asian highs).

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