Wednesday, April 22, 2009

Euro / dollar. Resistance and Support levels 22/4

A series of lower minimum daily charts after an unsuccessful attempt to rise above $ 1.3379 on April 14, as well as negative signals in the afternoon Stochastics presuppose a risk of continuing falls in the direction of $ 1.2849/70, where the line of support for the channel from March 23. The breakthrough follows, however, open the way for further movement towards $ 1.2761.

RES 4: $ 1.3393 resistance line in March
RES 3: $ 1.3240 21 Day Moving Average
RES 2: $ 1.3090 level breakthrough
RES 1: $ 1.2995 5-day moving average, a maximum of 21 April

The current rate of euro / dollar: $ 1.2930

SUP 1: $ 1.2889 a minimum of 20 April
SUP 2: $ 1.2849/70 support line since 23 March, to a maximum of 16 March
SUP 3: $ 1.2761 76.4% of the traffic $ 1.2459 - $ 1.3739
SUP 4: $ 1.2506 support line since 28 October

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