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Friday 22 August 2014

EUR/USD Daily Technical Analysis 22 AUG 14

EUR/USD:


As per our Weekly Technical Analysis EURO found support at 1.3250 and breaks the important resistance level 1.3270 and close above this level. Now Euro get some bull power and approaching the 1.3303 level. If this breaks we can expect further upside upto 1.3352 resistance level.

The most preferable scenario is Euro approaching tough resistance at 1.33 and 1.3350 level. If this level hold through next week we can expect further weakness in Euro upto 1.3163 level.

S3
S2
S1
R1
R2
R3
1.33152
1.3224
1.3270
1.3303
1.3352
1.3382


EUR/USD Weekly Technical Analysis AUG'14

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