EURUSD may find stiff resistance at 1.3955 ranges. Common Currency fell after taking resistance near high of 1.3861 made on February 02, 2011 and settled lower at 1.3751, halting two days rally. EURUSD is showing bit of consolidation in a broader range of 1.3420-1.3955 with buying opportunity seen at 1.3450 ranges and selling opportunity seen at 1.3955. DJ Closed higher at 12130.45 ending three days decline but need to sustain above 12155 for continuing upward momentum.
FX Pair Support 2 Support 1 Resistance 1 Resistance 2
EURUSD 1.3511 1.3662 1.3835 1.3953
GBPUSD 1.6000 1.6060 1.6131 1.6174
USDCHF 0.9192 0.9234 0.9300 0.9445
USDJPY – 81.05 82.10 82.84
EURJPY 111.00 111.37 112.80 113.16
AUDUSD 0.9987 1.0095 1.0211 –
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