EUR/USD Daily forex post- US session August 15, 2014

EUR/USD Technical view

Updated:  August 15, 2014 13:34:33 GMT
SPOT EUR/USD Previous day OHLC
Open High Low Close Change
1.3362 1.3407 1.3346 1.3362 -0.0002
Today's Support and Resistance
Resistance
Support
R3 1.3450
R2 1.3420
R1 1.3370
S1 1.3320
S2 1.3200
S3 1.3170

EURO is higher versus the dollar on Friday, approaching the psychological 1.3400 mark. The pair has to settle above trendline resistances at 1.3420 for the gains to extend to 1.3500 and the near term bearish view to be negated

Trend direction

  • Short term: Bearish
  • Medium term: Bullish
  • Long term: Bullish

Trading Recommendations

  • Short:

    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
  • Long:

    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION