Wednesday, July 21, 2010

Birds Eye View Of New York



















Forex: EUR/GBP, pullback from 0.8530 extends below 0.8495 session lo
Euro rally from 0.8315/20 lows last week extended on Monday to 0.8530 high on Monday, to ease on Tuesday on the back of Pound strength, breaking below 0.8495 to hit 0.8485 session low.

On the downside, immediate support level lies at 0.8460 (Jul 16 high), and below here, 0.8420/25 (Jul 12 high/Jul 19 low) and 0.8370.

On the upside, resistance levels lie at 0.8530 (Jul 19 high), and above here, 0.8545 (May 28 high) and 0.8650 (Pivot point R3).

No comments:

Post a Comment