Wednesday, April 6, 2011

Euro Moved EUR/USD

Euro moved within a narrow range and looks likely to wait and see but still in the range of 5-month high against the USD (dollarA.S) over the current market forward interest rate decision from the ECB which was originally released on Thursday after tomorrow. Currency Pairs tend to seek support at level 1.4163 and resistance at level 1.4260.

Today is Wednesday, 6 - 04-2011 Price EUR/USD opened at level 1.4222

Resistance 3: 1.4357
Resistance 2: 1.4302
Resistance 1: 1.4260

Pivot Point: 1.4205

Support 1: 1.4163
Support 2: 1.4108
Support 3: 1.4066

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