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  3. EURUSD Technical analysis - 8 October 2009
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EURUSD Technical analysis - 8 October 2009

DailyForex.com
EUR/USD despite the recent positive candles, according to the previous moves this pair is jumping with big steps. A possible breakout of resistance line can lead bulls to climb to the new highs, however this barrier is strong enough to stop the bulls once again. For now waiting action is better to look into and follow further candles moves.

image

 Trend
Support
Resistance
Long term
Neutral    1.4650 1.4786
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