Support/Resistance of the Day - EUR/USD (3 June 2011)

H4 Chart

R3 1.4642
R2 1.4563
R1 1.4515
Pivot 1.4436
S1 1.4357
S2 1.4309
S3 1.4230

Hope the trendline will not confuse you. As we can seen, EU broke the blue flag last 2 days ago, but now it climbing up along the yellow trendline again. This show a uptrend of EU with support line along the yellow trendline and will meet resistance line at the bottom line of flag. We can long EU and take profit at R2 level, if you could get a good entry point.