December 5, 2012

EURUSD Resistance levels

 
 
  • EURUSD Daily chart shows resistance zone between 1.3140  -  1.3168. EURUSD Bulls need a daily close above this zone for a possible up move.
  • Weekly chart shows 38.2% Fib level stopping a bigger up move till now.
  • Last chart shows price violating the falling resistance line from 1.49 levels. Weekly close above 38.2% Fib level should result in a bigger up move.

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