Fri, Aug 28 2009, 01:50 GMT
http://www.fxstreet.com
FXstreet.com (Buenos Aires) – EUR/USD Current Price: 1.4369. Pair upside break due to thin market conditions late America, has left the pair consolidating above 1.4340 now strong support area, and with doors open for further rises, as 4 hours charts have indicators support the bias.
“A bit exhausted in the hourly, some consolidation could be seen during next hours, ahead of another break out,” said Valeria Bednarik, collaborator at FXstreet.com. Only under 1.4300 pair can regain downside strength.
Support levels: 1.4340 1.4300 1.4250. Resistance levels 1.4380 1.4410 1.4445.
EUR/USD (Aug 28 at 06:02 GMT)
1.4358/59 (0.08%)
H 1.4378 L 1.4344
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.4273 | 1.4309 | 1.4344 | 1.4358 | 1.4393 | 1.4429 |
| [?]Trend Index | [?]OB/OS Index |
| Neutral | Neutral |
| Data updated on Aug 28 at 05:15 (15-minute timeframe) | |
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