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Euro resistance & support levels

In the last 4 trading sessions the Euro has not closed below a support level at about 1.4609. The last two sessions it dipped below, but closed above, clearly testing the level. The same level acted as support in August as well as late last year and early this year. In February it was sitting at the same support level for four days before rallying towards the top in April.

After the trend turned on 11 Sep 08 the Euro has broken through two First Range Out resistance levels, and is potentially heading towards an old tops resistance level at about 1.4946.

Euro support and resistance

Euro support and resistance

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