InstaForex

Support/Resistance of the Day - EUR/USD (7 June 2011)

Tuesday, June 7, 2011

H4 Chart

R3 1.4696
R2 1.4657
R1 1.4634
Pivot 1.4596
S1 1.4557
S2 1.4534
S3 1.4496

As usual, EU is moving with its trend slowly ans steadily. Current EU is in uptrend and haven't meet any strong resistance line yet. I will expect EU to challenge the blue trendline again before it change the trend. Yellow trendline will be a strong support for current EU price.

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