Wednesday, 3 March 2010

EUR/USD technical analysis today 03/03/2010:

Currently the pair is in uptrend position. The downtrend movement is still in favor. There's a possibility for another rally up to the 1.3700 zone later on today. On the other scenario the pair is still considered in consolidation and another fall towards the 1.3400 zone is still valid.

Support:         1.3596    1.3608    1.3618
Resistance:   1.3640    1.3652    1.3662

Current trend: SELL