Tuesday, August 25, 2009

EUR/USD Current Price: 1.4282

EUR/USD Current Price: 1.4282

Wed, Aug 26 2009, 01:26 GMT

FXstreet.com (Buenos Aires) – EUR/USD Current Price: 1.4282. Another failure attempt to break above 1.4340 is putting the pair under pressure with Japan opening; hourly indicators are giving some bearish signals at this point with price also under the 20 SMA that lost the bullish slope.

“Same conditions are seen also in 4 hours charts, thus pair must break and confirm under key 1.4270 support zone, to extend the downside rally,” said Valeria Bednarik, collaborator at FXstreet.com.

Support levels: 1.4270 1.4240 1.4200. Resistance levels 1.4310 1.4340 1.4375.

EUR/USD (Aug 26 at 03:20 GMT)

1.4300/01 (0.01%)

H 1.4306 L 1.4277

[?]Trend Index[?]OB/OS Index
Slightly BullishNeutral
Data updated on Aug 26 at 02:55 (15-minute timeframe)

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