Mon, May 18 2009, 17:11 GMT
http://www.fxstreet.com
FXstreet.com (Barcelona) - Euro has broken the 1.3515 resistance level against the Dollar after several attempts in the European session and the EUR/USD has climbed up to reach 1.3545, fresh intra-day high. Currently the pair is trading around 1.3530/40, 0.30% above today's opening price.Valeria Bednarik, FXstreet.com collaborator, says: "Risk swings are dominating the pair that quickly regained the upside. Now fighting the 200 EMA in the hourly, indicators lost steam at the time yet a new candle opening above the mentioned EMA now at 1.3507, will open doors for further upside in the pair. 20 SMA far under actual price is losing bearish momentum and turning flat, supporting actual upside continuation. Support levels: 1.3490 1.3460 1.3424. Resistance levels: 1.3536 1.3572 1.3600."
Subscribe to:
Post Comments (Atom)
1 comments:
Hey Ya'll,
I've created a list of the most recommended FOREX brokers:
1. Most Recommended Forex Broker
2. eToro - $50 min. deposit.
Here is a list of money making forex instruments:
1. ForexTrendy - Recommended Odds Software.
2. EA Builder - Custom Indicators Autotrading.
3. Fast FX Profit - Secret Forex Strategy.
Hopefully these lists are benificial to you...
Post a Comment