EUR/USD opened the Asian session by the side of 1.4046, and similar to a short advance beyond 1.4050 dished to levels immediately underneath 1.4006 support (March 4 high), stretching as far as 1.4001 (session low).
At the schedule of symbols, the team up has bounced back in the look of strong bearish sentiment, quoted in a jiffy by the side of 1.4030, 15 pips underneath its opening charge.
If the Euro continues its decline, immediate support may well be found by the side of 1.4000 (psychological support), 1.3973 (November 9, 2010 high) and, underneath near, 1.3947 (October 6, 2010 high). To the upside, resistance may well be found by the side of 1.4048 (May 16 low), 1.4065 (May 15 low) and 1.4112 (May 12 low).
At the schedule of symbols, the team up has bounced back in the look of strong bearish sentiment, quoted in a jiffy by the side of 1.4030, 15 pips underneath its opening charge.
If the Euro continues its decline, immediate support may well be found by the side of 1.4000 (psychological support), 1.3973 (November 9, 2010 high) and, underneath near, 1.3947 (October 6, 2010 high). To the upside, resistance may well be found by the side of 1.4048 (May 16 low), 1.4065 (May 15 low) and 1.4112 (May 12 low).