By: iForex.bg
Yesterday Euro/Dollar made an decreasing attempt, reaching a bottom at 1.3578, but further bearish impetus was rejected, and the currency couple rose up to 1.3578, closing the day at 1.3560. The current key support level is 1.3425, which is close to the trend line on the 1 hour chart. Break under this zone may cause further decreasing momentum towards 1.3330. Immediate resistance is represented by the 1.3580 level. The CCI indicator has just crossed up the 100 line on the 1 hour chart, assuming further potential upward correctional pressure.
Technical resistance levels: 1.3580 1.3665 1.3785
Technical support levels: 1.3425 1.3330 1.321.
