EUR/USD Current Price: 1.4282
Wed, Aug 26 2009, 01:26 GMT
http://www.fxstreet.com
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
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.4223 | 1.4259 | 1.4295 | 1.4308 | 1.4343 | 1.4379 |
| [?]Trend Index | [?]OB/OS Index |
| Slightly Bullish | Neutral |
| Data updated on Aug 26 at 02:55 (15-minute timeframe) | |
