EURUSD Technical Analysis
Tomas Cedavicius from Investija.com at 10/28/09
EURUSD became bearish and negative trend began. Under 1.4874 price level, it is better to take short positions. A major rally downside can be initiated by bears side, support level was a significant barrier for both sides. Reversal point was broken and now bears are controlling the situation.
EURUSD | Trend | Support | Resistance |
Long Term | Negative | 1.4874 | 1.4972 |