EURUSD—weekly

Euro appears to be on track for 1.4295. Here it will find resistance from the long-term downtrend line coming in from 1.641 and 1.5144. However, immediate resistance is at 1.4165/75 and it may fall from there.

Support is at 1.4016, 1.3856, 1.3752 and 1.3526.

Here's the weekly chart:










© Dianne Fecteau, 2011. No part of this material may be reproduced in any form, or referred to in any other publication, without the express written permission of the author.

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