Currency technical analysis
From news_archive.php?id=103498
[B]EUR/USD [/B] [B][U]Resistance[/U][/B] : 1,4760-70/ 1,4800-10/ 1,4835/ 1,4855-60/ 1,4900 [B][U]Support[/U][/B]: 1,4700-10/ 1,4760-70/ 1,4630/ 1,4600/ 1,4570 [B][U]Comment[/U][/B]: Euro continues to consolidate in an effort to form a base after 1.4600 lows. As long as support at 1,4660-70 holds, it will be very possible that the move will be resumed towards 1,4900 or 1,5000 area. Below 1,4650, a short term top would be formed in the hourly chart and a retracement to 1.4570-00 lows or even lower, is possible. Lower targets are set at 1,4500-30 and 1,4430-50. According to our opinion, as you can see in our previous ...
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