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29th July 2009, 12:36
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EUR/USD. Latest Technical Analysis
EUR/USD The pre-planned break-out variant for short positions has been implemented with overlap of minimal targets. OsMA trend indicator, having marked activity fall of both parties does not clarify the choice of planning priorities for today. Therefore, considering probability of rate range movement, we can assume rate return to close 1,4230/50 resistance levels where it is recommended to reevaluate the development of the activity of both parties in accordance with the charts of shorter time interval. In case of formation of confirming signals the targets will be 1,4270/90 and (or) further variant up to 1,4320/40, 1,4420. In case of formation of buying signals the shrt-term targets will be 1,4170 and (or) frther variant up to 1,4080/1,4100, 1,3960/80. You may view technical analyses on other major currency pairs including USD/CHF, USD/JPY, GBP/USD and other pairs by visiting our website 
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