Technical Analysis
11.01.2013, 11:45

Tech on EUR/USD

Resistance 3: $ 1.3487 (February 24 2012 high)

Resistance 2: $ 1.3308 (December 19 2012 high)

Resistance 1: $ 1.3284 (session high)

Current price: $ 1.3265

Support 1: $ 1.3246 (session low)

Support 2: $ 1.3190 (38.2% in FIBO ($ 1.3284-$ 1.3037))

Support 3: $ 1.3130 (61.8% in FIBO ($ 1.3284-$ 1.3037), MA (200) for H1)

 


Comments: After yesterday's dramatic growth, the pair EUR / USD consolidates. Currently, there is strong resistance at $ 1.3284 (today's high), and at $ 1.3308 (up 12/19/2012). Meanwhile, the support level is $ 1.3246 (intraday low) and $ 1.3190 (level of 38.2% FIBO ($ 1.3284-$ 1.3037)). Also note that overcoming strong resistance at $ 1.3172 indicates the likelihood continued upward trend. In addition, in the medium term is expected to move up to a more significant resistance at $ 1.3487 (up 24/02/2012).


Quotes
Symbol Bid Ask Time
AUDUSD
EURUSD
GBPUSD
NZDUSD
USDCAD
USDCHF
USDJPY
XAGEUR
XAGUSD
XAUUSD

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