Monday, 8 March 2010

EUR/USD technical analysis today 08/03/2010:

It looks like the currency pair is in uptrend position. Another rise towards the 1.3700 zone seems possible later on today. The resistance is located at 1.3700-1.3750. As long as this level holds we may expect another fall towards the 1.3450 zone.

R:   1.3655    1.3661    1.3669
S:   1.3683    1.3689    1.3697

Current trend: BUY