Tuesday, 21 February 2012

EUR/USD recommended levels ‎feb 22 2012

forex trading outlook today - EUR/USD recommended levels ‎feb 22 2012 ; The dollar rose against the world's major currencies on Wednesday as investors looked beyond Europe's approval of a EUR130 billion package for Greece, realizing the rescue funding will stop the bleeding but won't heal the wound.

In Asian trading on Tuesday, the euro fell against the greenback, with EUR/USD losing 0.11% and trading at 1.3220.

Today's support: - 1.3179 ? 1.3140(main), where correction is possible. Break would give 1.3125, where correction also may be. Then follows 1.3084. Break of the latter would result in 1.3053. If a strong impulse, we would see 1.3018. Continuation will give 1.2974.

Today's resistance: - 1.3298 ? 1.3323(main). Break would give 1.3335, where a correction is possible. Then goes 1.3361. Break of the latter would result in 1.3384. If a strong impulse, we'd see 1.3411. Continuation will give 1.3439 ? 1.3466.

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1 comment:

  1. I don`t speak on many sites that I come across but I felt I couldn’t pass up the opportunity with this one. Excellent post. I can only imagine what you will be writing in the future.

    Thanks.
    ----
    B2B Leads

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