Forex − Chart EUR/USD Update: Around mid range
Thursday, August 5, 2010
, Posted by Usman Ali Minhas at 11:03 AM
International Trading
05 Aug EUR/USD Daily
15:15 - The res. at 1.3230/40 proved too strong and prices recently slumped to 1.3155/60. Bounce res. is now in the 1.3185/00 band and we would expect the latter to contain the upside for the balance of the day. If 1.3155/60 fails to hold, next significant sup. is at 1.3120 with 1.3140 ahead of that. N.I.R5: 1.3300 figure/projection
R4: 1.3278 8 Apr low
R3: 1.3261 * Tues high
R2: 1.3234 * today high
R1: 1.3185/00 intraday level
S1: 1.3155/60 intraday level
S2: 1.31440 intraday level
S3: 1.3120 * today low
S4: 1.3100/06 29 Jul high
S5: 1.3093 30 Jul high
