EURUSD Technical Analysis
Tomas Cedavicius from Investija.com at 12/28/09
EURUSD has formed a low trading range between support at 1.4246 and resistance at 1.4396. A breakout of resistance barrier can initiate a major trend reversal. Above resistance, bears are in danger. However, while 1.4396 price level stays active, bears are looking for another rebound back to support barrier.
EURUSD | Trend | Support | Resistance |
Long Term | Negative | 1.4246 | 1.4396 |